$OGN /USDT - Bearish Pressure in Play
Current Price: $0.1342 (-12.69%)
24H High: $0.1543
24H Low: $0.1289
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Key Levels:
Immediate Support: $0.1300
Resistance: $0.1400
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Market Overview:
$OGN faces strong selling pressure, with price retracing toward key support at $0.1300. A breakdown below this level may accelerate bearish momentum, while consolidation here could offer a recovery opportunity.
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Trading Plan:
For Long Positions:
Entry Zone: $0.1300 - $0.1340
Target 1: $0.1400
Target 2: $0.1470
Stop Loss: $0.1270
For Short Positions:
Entry Zone: $0.1340 - $0.1380
Target 1: $0.1300
Target 2: $0.1250
Stop Loss: $0.1400
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Observation:
Monitor trading volume near $0.1300. A high sell volume may indicate further downside, while low volume could signal consolidation for a potential reversal.
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