don't buy

OGNUSDT Bearish Drift Signals Caution

I’m seeing a clear down move on OGNUSDT with a rapid -2.57% change and a current price drift from ₮0.0661 down to ₮0.0644 in a short time window. The volume metrics suggest active trading but the price action is bearish, implying selling pressure and potential further downside in the near term if supporting levels don’t hold.

Overall, this setup signals caution. There’s an elevated risk of continued decline, especially if broader market sentiment remains negative or if there’s no immediate catalyst to reverse the trend.

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Analysis

The recent price action shows a sharp intraday selloff, suggesting momentum on the downside. The 3m/24h volume indicates sustained trading interest, which could mean either distribution by larger hold...

Recommendation

Recommendation: Exercise caution with new long entries on OGNUSDT in the near term. If currently long, consider tightening stops or partial profit-taking to protect downside risk. For traders opposed ...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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