🔥$OG REJECTED AT KEY RESISTANCE – BEARISH MOMENTUM TAKES OVER
$OG surged into the $4.21 resistance zone but faced immediate rejection, printing a sharp pullback on the 1H chart. The move shows clear exhaustion — the recent rally, driven more by fan hype than fundamentals, has lost steam.
Price action is now favoring the bears, making this an ideal setup for short sellers looking to capitalize on the shift.
The failed breakout attempt at $4.21 confirms this level as a strong supply zone, and with volume dropping, it's likely we'll see further downside pressure in the short term.
SHORT TRADE SETUP:
🔹Entry: $4.06
🔹Take Profit 1: $3.98
🔹Take Profit 2: $3.91
🔹Take Profit 3: $3.80
🔹Stop Loss: $4.22
Momentum is flipping bearish, RSI is rolling over, and candles are closing below key EMAs. Unless bulls reclaim control quickly, downside targets are well within reach.
Don't fall for the hype — let the chart lead the way.
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