$OG Remains Bearish — Short Scalp Still Valid
$OG continues to trade within a well-defined bearish trend after a prolonged sell-off. Price keeps printing lower highs and is failing to reclaim key resistance levels. The recent sideways action appears to be consolidation, not accumulation, suggesting sellers remain in control and buyers lack momentum for a reversal.
As long as
$OG stays below the 4.45–4.60 resistance zone, any push into this area offers potential short scalp opportunities. This zone has repeatedly acted as strong supply with multiple rejections. On the downside, the 4.10–4.00 region is the nearest support where a short-term reaction may occur. A clean break above 4.75 would weaken the bearish thesis and invalidate this setup.
Scalp Trade Plan
🔹 Direction: Short
Entry Zone: 4.45 – 4.60
TP1: 4.10
TP2: 3.85
Stop Loss: 4.75
Leverage: 20x – 50x
Margin: 2% – 5%
Risk Management: Take partial profits at TP1 and move stop to breakeven
Market snapshot:
OGUSDT Perp: 4.3 (−3.28%)
In addition, short positions on Bitcoin and Ethereum remain active:
BTCUSDT Perp: 91,060.5 (−1.22%)
ETHUSDT Perp: 3,142.26 (−2.57%)
Trend remains bearish — patience and disciplined execution are key.
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