【$OG Signal】Long | Healthy Pullback After Short Squeeze Initiation

$OG After breaking through the key resistance at 4.80, the price is consolidating in a narrow range at high levels. This is a healthy reset following a short squeeze, not a top.

🎯Direction: Long

🎯Entry: 5.05 - 5.10

🛑Stop Loss: 4.85 (Rigid stop loss, invalidated if it falls below the previous breakout structure)

🚀Target 1: 5.45

🚀Target 2: 5.80

Market logic is solid: 4-hour continuous bullish candles with volume breakout. RSI is high at 87.74, but funding rate is only 0.005%, far from dangerous levels, and open interest remains stable. This rules out the possibility of major players pushing the price up to dump, aligning more with short squeeze characteristics.

Depth data shows buy orders are significantly thicker than sell orders, with a Bid/Ask Ratio of 0.95, indicating strong support below. Price remains above the EMA20 (4.41), with the trend structure intact. The current volume contraction and pullback near the previous breakout level of 5.06 present an ideal low-risk entry point.

Trade here 👇 $OG

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