$OGN / USDT – BEARISH BREAKDOWN ALERT
OGN has failed its breakout above $0.0600, forming a bearish engulfing pattern on the hourly. Momentum favors sellers as price slides under $0.0560.
Short Setup:
Entry: $0.0535 – $0.0545
Targets:
• TP1: $0.0520
• TP2: $0.0505
Stop Loss: $0.0555
Key Levels:
Resistance: $0.0580 – $0.0600
Support: $0.0530 / $0.0500
Outlook: Any bounce toward $0.0550–$0.0560 likely to face selling pressure before further downside.
Risk Tip: Use strict risk management (1–2% capital risk). Confirm breakdown with candle close in entry zone.