🚨 $OG Crash: What Happened? 📉
The OG/USDT pair has seen a massive $OG drop, falling over 25% in a very short time. Here is the simple reason why:
Massive Liquidations: Many traders were "Long" with high leverage. When the price started to dip, their positions were forcefully closed (liquidated), causing a fast "domino effect" crash.
Panic Selling: Once the key support levels ($10 and $7) broke, investors panicked and started selling to save their remaining funds.
Technical Breakdown: The price is now trading far below all major EMA lines. The RSI is at 5.6, which is extremely "Oversold," showing heavy selling pressure.#WriteToEarnUpgrade
⚠️ Quick Tip:
The market is very volatile right now. Don't rush to buy the dip immediately. Wait for the price to stabilize (sideways movement) before making a move.
#OG #CryptoCrash #BİNANCESQUARE #TradingTips #Liquidated $OG #SECReviewsCryptoETFS #BinanceHODLerBREV
