Rejection from the recent peak is clear… and price is now hovering right above a fragile support zone.
$OG / USDT – SHORT
Trade Plan
Entry: $3.13 – $3.18
SL: $3.34
TP1: $3.05
TP2: $2.98
TP3: $2.88 (if breakdown accelerates)
Why This Setup?
4H Structure: Price rejected from $3.304 and is now forming early lower highs, signaling weakening bullish momentum.
Price Positioning: Currently sitting just above support at $3.122 (MA25 + 24h low), making this a key breakdown trigger zone.
Trend Context: Short-term structure is shifting bearish as buyers fail to hold higher levels and momentum fades.
Volume Behavior: No strong continuation after the recent peak → suggests exhaustion and potential distribution.
Key Level: A clean break below $3.12 can trigger fast downside toward lower liquidity zones.
As long as price stays below $3.22–$3.25, sellers remain in control.
Debate:
Is OG building support for another move higher…
Or is $3.12 about to break and start a deeper pullback?
Trade $OG here 👇
