5$OGN
/USDT BEARISH REJECTION AFTER SPIKE – SELLERS TAKE CONTROL AT RESISTANCE
OGN jumped sharply to $0.0670 but faced immediate rejection at the upper Bollinger Band, pulling back below $0.0635 resistance. The strong wick on the latest candle shows heavy selling pressure, signaling a short-term bearish move unless bulls reclaim momentum quickly.
Trade Setup (Short):
Entry Zone: $0.0630 – $0.0635
Target 1: $0.0615
Target 2: $0.0595
Stop Loss: $0.0655
Market Outlook:
Momentum has cooled after the rejection from highs. Unless OGN can close firmly above $0.065, downside pressure is expected with support retests near $0.060. Bulls need strong volume to reverse this weakness.
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buy and trade here on $OGN