OG looks like it’s trying to hold onto the 2.99 support for dear life after getting slapped down from the 3.30 peak. We’ve got a death cross situation with the shorter MAs slicing through the MA99, and the volume is just drifting—no real conviction from the bulls yet. It’s currently hovering in a "no man’s land" where the price is just teasing that 3.00 psychological level, waiting for someone to trip. If it loses this floor, we’re likely looking at a fast trip back to the 2.80s, so don't get married to the position.
Top: Wait and watch.
Catching this knife right now is basically a donation to the market makers.
OG
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