$OGN /USDT BEARS PUSH BACK AFTER STRONG SPIKE – CORRECTION UNDERWAY

After rallying to $0.0820, OGN is facing selling pressure and now trades near $0.0772. The rejection from the recent high suggests a short-term bearish pullback, with sellers likely to test lower supports before bulls can regain control.

Trade Setup (Short):

Entry Zone: $0.0770 – $0.0780

Target 1: $0.0750

Target 2: $0.0735

Target 3: $0.0720

Stop Loss: $0.0790

Market Outlook:

Momentum is cooling off after the strong upside move, indicating a possible correction phase. If price breaks below $0.0750, further downside pressure could lead to deeper retracement. Bulls must defend $0.0720 to avoid extended weakness.

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