$OG /USDT SHOWING SIGNS OF SHORT-TERM RELIEF — WATCH FOR REJECTION NEAR $4.85!
$OG is attempting a recovery after dipping to a local low of $4.41. The price has rebounded to $4.61, supported by moderate volume. However, the chart shows clear resistance around the $4.85 zone, which previously acted as a strong rejection point. With the recent bounce, bulls are trying to reclaim momentum, but a failure to break $4.85 cleanly could lead to another retracement.
Trade Setup (Short-Term Play):
Entry Zone: $4.75 – $4.85
Target 1: $4.50
Target 2: $4.30
Stop Loss: $4.91
Why Short?
The recent pump shows declining momentum as it approaches the $4.85 resistance. Candle wicks and volume weakening suggest potential exhaustion. If $4.85 holds, the pair could retest lower support levels around $4.50 and $4.30 in the coming sessions.
Risk Management Tip:
If price flips above $4.91 with strength and closes there on 1H, exit the short idea — the structure could shift bullish again.
Don’t let this bounce trap you — observe resistance and strike when the reversal confirms!
Sell with conviction — timing the pullback can give you the upper hand on $OG!
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