🚨 EXCITING UPDATE! 🚨
📉 Coin Name:
#OGN 🚀 Join my LIVE STREAM for exclusive PREMIUM SIGNALS! 🚀👈🏻👈🏻👈🏻
Based on the analysis of the 4-hour time frame chart for OGN (Origin Protocol), it appears to have formed an ascending channel pattern. Recently, the price has broken below the resistance line of this channel, signaling a potential bearish trend.
To capitalize on this potential bearish movement, an entry point is identified at 0.2154. This entry represents the price level at which a short position can be initiated. The take profit (TP) level is set at 0.2037, indicating the anticipated price target where profits will be secured. Meanwhile, a stop loss (SL) order is placed at 0.2211 to limit potential losses in case the trade moves against the anticipated direction.
By adhering to these entry, take profit, and stop loss levels, traders can effectively manage their risk exposure while aiming to profit from the projected bearish movement in OGN.
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