【$OG Signal】Short | RSI Bearish Divergence at the Top + Overheated Funding Rate
After a single-day surge of 21%, $OG formed a 4-hour RSI (85.28) serious overbought bearish divergence near 4.91, with the price approaching the 5.0 psychological level.
🎯 Direction: Short
🎯 Entry: 4.90 - 4.98
🛑 Stop Loss: 5.05 ( Rigid stop loss, breaking previous high and psychological level )
🚀 Target 1: 4.50
🚀 Target 2: 4.20
Market analysis: The 4-hour candlestick shows the last bullish candle with decreasing volume, indicating weakening buying power. The RSI reaching 85.28, along with a clear bearish divergence from the new high in price, is a strong technical reversal signal.
Hardcore logic: The funding rate is as high as 0.0050%, indicating excessive leverage among bulls and a risk of liquidation. Open interest (OI) remains stable rather than rising, suggesting the rally lacks new main capital inflows and is more driven by FOMO from existing funds.
Depth data shows buy orders are unusually concentrated at 4.90-4.91 (69,268.7). If this support is broken, it will trigger a large number of long stop losses, accelerating the decline. Combined with RSI divergence and overheated funding rate, this is a typical precursor to a "longs get wiped out" correction.
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【$OG Signal】Short | RSI Bearish Divergence at the Top + Overheated Funding Rate
After a single-day surge of 21%, $OG formed a 4-hour RSI (85.28) serious overbought bearish divergence near 4.91, with the price approaching the 5.0 psychological level.
🎯 Direction: Short
🎯 Entry: 4.90 - 4.98
🛑 Stop Loss: 5.05 ( Rigid stop loss, breaking previous high and psychological level )
🚀 Target 1: 4.50
🚀 Target 2: 4.20
Market analysis: The 4-hour candlestick shows the last bullish candle with decreasing volume, indicating weakening buying power. The RSI reaching 85.28, along with a clear bearish divergence from the new high in price, is a strong technical reversal signal.
Hardcore logic: The funding rate is as high as 0.0050%, indicating excessive leverage among bulls and a risk of liquidation. Open interest (OI) remains stable rather than rising, suggesting the rally lacks new main capital inflows and is more driven by FOMO from existing funds.
Depth data shows buy orders are unusually concentrated at 4.90-4.91 (69,268.7). If this support is broken, it will trigger a large number of long stop losses, accelerating the decline. Combined with RSI divergence and overheated funding rate, this is a typical precursor to a "longs get wiped out" correction.
Trade here 👇 $OG
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