$OGN 🚀 MOMENTUM CONTINUATION 🚀
📊 1. Technical & Chart Overview
Structure & Patterns:
OGN has rallied from a June low ($0.055) and is forming a bullish consolidation on daily charts .
Support & Resistance:
Support Zones: $0.0542–$0.0552 — classical pivot area coinciding with CoinCodex pivot support .
Deeper support lies at $0.0501–$0.0518 .
Resistance Targets:
TP1: $0.0603 — pivot resistance per pivot analysis
TP2: $0.064–$0.068 — upper range resistance / Fib zone
TP3: $0.070+ — breakout stretch target if momentum holds
Indicators:
Daily/weekly moving averages & oscillators are mostly neutral, with intraday technicals giving mixed to bullish signals .
Short-term momentum is bullish: Investing.com shows “Strong Buy” on lower timeframes and neutral on daily .
Binance note suggests breakout strength above ~$0.055, with next targets at $0.060–$0.066 .
🎯 2. Short-Term Strategy: “Pivot Reclaim Play”
✔️ Entry & Positioning:
Bullish Entry: $0.0542–$0.0552 — near pivot/short-term support
Breakout Add-On: above $0.0603, confirmed with volume
🛑 Stop-Loss:
Below $0.0520 — breaks deeper structure
🎯 Targets:
1. TP1: $0.0603 — first pivot/resistance
2. TP2: $0.064–$0.068 — upper range & Fibonacci confluence
3. TP3: $0.070+ — extended on breakout momentum
⚙️ Execution Plan:
1. Initiate position within support zone.
2. Add when price breaks above $0.0603 on confirmation.
3. Trail stop beneath higher lows post TP1.
4. Take partial profits at each target level.
✅ 5. Bottom Line
OGN is consolidating above classical support around $0.054. A clean pivot-based entry can set up a ride to $0.0603 → $0.064–$0.068 → $0.070+ on recognized patterns and volume confirmation.
Entry: $0.0542–$0.0552 (bull play)
Stop-Loss: < $0.0520
Targets: $0.0603 → $0.064–$0.068 → $0.070+
🛑 Disclaimer
This is educational content only, not financial advice. OGN is volatile—always DYOR, use stop-losses, and manage position size responsibly.