$OG is currently displaying strong bullish momentum, characterized by the price breaking out of the established trading range.
The signal for a continued move higher is Buy on Retest, as the asset attempts to establish the prior resistance level of $11.39 as new support. An entry near this new support is ideal.
The immediate Target 1 (T1) for this breakout is the nearest major resistance at $11.75, followed by Target 2 (T2) at the higher resistance zone of $12.00. Traders should place a Stop-Loss (SL) just below the breakout point, specifically at the $11.20 support, to manage risk in case of a false breakout or a market reversal.
