🚨 $OGN /USDT BEARISH PRESSURE AT CRITICAL SUPPORT 🚨
OGN has faced a strong correction, now trading at $0.0745 (-9.70%), right above key support.
📊 Key Levels:
Support 1: $0.0740 (current defense zone)
Support 2: $0.0700 (if breakdown occurs)
Resistance 1: $0.0780
Resistance 2: $0.0810 (needs breakout for trend reversal)
📈 Technical View:
Price rejected from $0.0841 high, creating selling pressure.
Bears are testing the $0.0740 zone — a break below could accelerate the drop.
RSI nearing oversold → possible short-term bounce if $0.0740 holds.
MACD momentum remains bearish.
🎯 Trade Setup:
Short Entry: Below $0.0740
TP1: $0.0720
TP2: $0.0700
SL: $0.0760
Long Entry (risky bounce play): Above $0.0750 with confirmation
TP1: $0.0780
TP2: $0.0810
SL: $0.0735
⚠️ Risk Management:
Don’t over-leverage.
Stick to stop-loss — OGN is volatile.
Trade with only 2–5% of portfolio per position.
👉 OGN is at a make-or-break level. If bulls defend $0.0740, we may see a relief bounce. If not, $0.0700 could be tested quickly.
Do you want me to prepare a 4H chart breakdown with trendlines & zones marked for a clearer trading view? 📉📈
#FOMCMinutes #MarketPullback #CryptoRally #BNBATH880 #StrategyBTCPurchase $OGN