$OGN /USDT- Bullish momentum observed
with a 3.6% rise and a bullish engulfing pattern near $0.0645. However, price confirmation above $0.0665 is pending. Key resistance is at $0.0665; support is at $0.0616.
Fibonacci Levels:
From the $0.0588–$0.0639 move:
38.2%: $0.0616
61.8%: $0.0626
Price is consolidating near the 61.8% level, which could act as a pivot.
RSI:
Currently at 45.08, indicating neutral conditions with no overbought or oversold signals.
Entry Zones:
Safer: $0.0616 (38.2% Fib support)
Aggressive: $0.0626 (61.8% Fib level)
Take-Profit Zones:
TP1: $0.0645 (recent bullish engulfing pattern)
TP2: $0.0665 (key resistance level)
Stop-Loss Ideas:
Conservative: $0.0600 (below 38.2% Fib support)
Tight: $0.0610 (just below 61.8% Fib level)