BOOM! $OG Just Crushed Shorts at $5.500 – A Liquidation Tsunami of $1.77K!
What's Cooking in $OG?
The market just wiped out the weak hands as shorts got liquidated at $5.500, clearing the path for the next explosive move. Is $OG ready for liftoff?
Technical Analysis:
Current Price Zone: Watch closely between $5.15 – $5.45
This is the accumulation zone where bulls are silently reloading.
Buy Zone:
Primary Entry: $5.10 – $5.40
Safe Dip Buy: $4.90 (if we get one more shakeout)
Targets:
Short-Term Target: $5.80
Mid-Term Target: $6.45
Moon Target: $7.20+ (if $6.45 breaks with volume)
Stop Loss:
Below $4.75 (tight risk control)
Why This Is Unique?
Short Liquidation at $5.500 = Key breakout level
Low cap + High Volatility = Big Rewards
Volume building + RSI cooling = Perfect storm setup
Meter:
Bullish Pressure: 85%
Breakout Probability: HIGH
Risk/Reward: 1:3+ (strong setup for swing traders)
Final Verdict:
Watch $OG like a hawk! After punishing the shorts, bulls are ready to reclaim dominance. If it breaks $5.50 with strong volume, we’re entering a new orbit. Strap in – this might be the next parabolic play.