$OG Collapse – Panic Candle or the Beginning of a Decline?
$OG encountered strong rejection at the level of $4.12, rapidly falling with a massive red candle. This signals bearish momentum and a potential short-term reversal.
📉 SETUP FOR SHORT TRADING (Breakdown on 1 hour):
• Entry Zone: $3.92 – $3.95
• TP1: $3.83
• TP2: $3.71
• TP3: $3.60
• SL: Above $4.03
A surge in volume and rapid sell-off indicate strong profit-taking or stop-hunting. Expect volatility.