$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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