$OGN /USDT BEARISH SETUP: SHORT-TERM WEAKNESS AFTER REJECTION AT RESISTANCE

OGN recently tested the 0.0865 resistance but failed to break above, leading to a consistent decline. The price is now trading below the MA(7) and MA(25), showing short-term bearish pressure. As long as OGN remains under 0.0800, sellers are likely to stay in control.

Trade Setup:

Short Entry: 0.0790 – 0.0800 Targets (TP): 0.0775 – 0.0765 – 0.0740

Stop Loss (SL): 0.0820

Market Outlook:

Short-term trend is bearish due to rejection at higher levels and moving averages crossing downward. Bulls need a strong reclaim above 0.0820 to regain momentum. Otherwise, further downside is likely.

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