$OGN Long Liquidation Alert!

A $8.99K long position was liquidated at $0.1332, signaling strong selling pressure.

This could indicate a bearish trend in the short term, but traders should watch for potential recovery opportunities.

Market Insights:

1. Bearish Signal: Liquidation suggests sellers are dominating, pushing the price lower.

2. Key Support Levels: Watch for support at $0.1300 and $0.1250.

3. Upside Recovery: If buyers step in, a bounce above $0.1350 could signal renewed strength.

Trading Plan:

Buy Zone:

$0.1300–$0.1280: Look for signs of stability or a rebound near this range.

Targets:

Target 1: $0.1350 (short-term resistance).

Target 2: $0.1400 (if bullish momentum builds).

Stop Loss:

Place a stop-loss at $0.1250 to limit risks.

Pro Tips:

For Long Traders: Only buy if price stabilizes above $0.1300 with good volume.

For Short Traders: If $OGN drops below $0.1280, consider shorting with a target of $0.1200 and a stop-loss at $0.1300.

Stay focused, manage risks wisely, and let the market guide your trades!

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