🔻 $OG
/USDT Downward Crash - Continuation of Fan Token Collapse
The price of OG has dropped by approximately 26%, currently trading around the $4.45 area after losing key support near $5.00. The four-hour chart confirms strong selling pressure with no signs of a bullish reversal on the horizon. Unless a strong rebound occurs, further declines remain likely.
Trading Settings$OG
Entry Price: $4.55 - $4.35
Profit Target 1: $4.00
Profit Target 2: $3.75
Profit Target 3: $3.50
Stop Loss Price: $4.85
Why Short Selling?
The price of OG has fallen below key demand zones with increasing selling volume. The Relative Strength Index is still in the oversold territory, but there is no bullish divergence yet. There is a clear possibility of a crash if the price remains below $4.00 and market sentiment remains weak.
Risk Management Advice:
Be sure to short sell only with a tight stop-loss limit, and monitor rising trading volumes - oversold areas may spike sharply.
Don’t let this crash pass without taking advantage - enter wisely, and exit wealthy!
Seize the momentum before it fades - profits favor the brave!
