$OG Collapse – Is it a panic trigger or the beginning of a slide?

It faced strong rejection from the peak of $4.12, and collapsed quickly with a massive red candle. This indicates downward momentum and the potential for a short-term reversal.

📉 Setting up a short trade (1-hour collapse game):

• Entry zone: $3.92 – $3.95

• Take profit 1: $3.83

• Take profit 2: $3.71

• Take profit 3: $3.60

• Stop loss: above $4.03

An increase in trading volume and rapid selling indicates strong profit-taking or chasing stop-loss positions. Expect volatility.

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