🚨 ATTENTION: NEW SIGNAL ALERT! 🚨
📈 Coin Name: #OGN/USDT 4h
🚨🚨join my live stream to get premium signal 🚨
An interesting development is unfolding with OGN (Origin Protocol) over the last 4 hours. It's shaping an ascending triangle pattern, typically seen as a precursor to a bullish breakout. However, there's a noteworthy caveat: the Relative Strength Index (RSI) is showing a bearish divergence, hinting at some underlying weakness in the market sentiment.
Given this scenario, while the ascending triangle suggests consolidation, the bearish RSI divergence adds a cautionary note. It seems OGN might struggle to decisively breach the breakout resistance, possibly indicating a forthcoming downward movement in the short term.
Here's the suggested action plan:
📉 Entry Point: Market Price at 0.1628
Type of Signal: SHORT
Potential Take Profit Levels:
🎯 $0.1489
🎯 $0.1365
🎯 $0.1303
🎯 $0.1199
Risk Management:
🔒 Leverage: 20x
⛔️ Stop Loss: $0.1759
This could be a valuable opportunity to capitalize on, so keep a close eye on it! 💸