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Sellers are showing pressure on $OGN after a sharp rejection from the upper range — here’s the setup to watch.
Trade Plan:
Entry: 0.01700 – 0.01720
SL: 0.01780
Targets:
TP1: 0.01670
TP2: 0.01640
TP3: 0.01600
Why this setup?
$OGN faced a strong rejection near the 0.01950 resistance zone after a sudden spike.
Price failed to hold the breakout and returned back into the previous range, showing selling pressure.
A breakdown from the current support area could open the way toward lower levels.
Why now?
Momentum is cooling after the rejection, creating a possible short opportunity with a clear invalidation level.
Debate:
Are you expecting OGN to reclaim the breakout zone, or is another downside move coming?
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