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$OGN showing rejection again
Short $OGN
Entry: 0.0265 – 0.0280
SL: 0.0305
TP1: 0.0245
TP2: 0.0228
TP3: 0.0210
TP4: 0.0195
Why:
Price made a sharp breakout from the 0.019 area to 0.0327 but quickly faced strong rejection near the top. The large red candle after the spike shows sellers stepped in aggressively.
Since that rejection, the chart is printing lower highs and struggling to reclaim the short moving average. That usually signals the momentum from the pump is fading.
Volume also peaked during the breakout and is now decreasing, which often happens when early buyers start locking profits. If the 0.026 support weakens, the chart could retrace toward the 0.023–0.021 zone where the previous consolidation happened.
Trade $OGN here 👇
{future}(OGNUSDT)