$OG Breakout Brewing or Fakeout Zone?
OG is consolidating just below the $4.63 resistance after multiple attempts to push higher. The structure shows a tight range with rising higher lows, suggesting an ascending triangle pattern, but volume remains light—raising caution.
Key Price Zones
Resistance:
• $4.63 – Immediate breakout zone
• $4.65 – Next key resistance
Support:
• $4.60 – Mid-range cushion
• $4.58 – Breakout invalidation level
Potential Moves
Bullish Case: Clean break and close above $4.63 could trigger momentum toward:
Target 1: $4.68
Target 2: $4.75
Target 3: $4.82
Bearish Case: Losing $4.58 might invalidate the structure and retest the $4.52–$4.50 region.
Keep an eye on volume — breakout without demand could trap late entries.