$OGN Just Triggered the Bears – Big Liquidation at $0.0604
A wave of short positions just got wiped out as $OGN ripped through the $0.0604 mark, triggering a $1.0037K short liquidation. This is more than just a number—this is the market sending a signal. Bulls are creeping back in, and it’s time to pay attention.
Technical Analysis:
Zone to Watch (Buy Zone):
$0.0565 – $0.0590
This is a strong accumulation area where buyers previously stepped in and volume showed signs of a bullish shift. If OGN dips here again, it could offer an ideal re-entry for the next leg up.
Immediate Resistance Levels:
Minor: $0.0612
Strong: $0.0635
Breakout: $0.0675
Targets (Upside Momentum):
Target 1: $0.0649
Target 2: $0.0698
Target 3 (Mid-Term): $0.0760
Stop Loss:
Below $0.0555 (to avoid fake-outs and downside traps)
Unique Take:
This liquidation zone could act as a pivot for a new bullish phase. If bulls defend the $0.0600+ range, short-squeeze pressure could fuel a quick ride toward $0.0698 and beyond. Volume confirmation is key—watch for surges during any retest. The quiet before the next storm is here.
Conclusion:
$OGN is no longer sleeping. That short liquidation wasn’t random—it was a signal. Watch the charts. Stay sharp. The game has changed.
