Many people rush to buy the dip when they see oversold conditions, but overlook one premise: before the moving-average structure flattens out, a low RSI is merely proof of weakness, not a reversal signal.
$OGN is currently in exactly this state.
The current price is 0.03072, down 11.93% over 24h. MA5=0.031624 remains below MA20=0.0327875, with the bearish alignment unchanged; the MACD histogram at -0.0001679 continues to expand below the zero line, indicating that downside momentum has not yet weakened. However, two details are worth noting: RSI=30.8 is already near the oversold zone, and the