$OGN /USDT-Downtown momentum appears paused as price consolidates.
Support: Around $0.0607–$0.0615, aligning with 7-day SMA and 30-day SMA levels, acting as a floor for recent pullbacks ⬇.
Resistance: Near $0.072–$0.075, previously the Fibonacci 23.6% level and recent high near the upper Bollinger Band ⬆.
Fibonacci Levels: Retracement Status + Price Zones
Retracement Status: The price appears to be holding above the 38.2% retracement ($0.072). A deeper retracement to about 50% (~$0.065) could provide a more stable base.
Price Zones:
Support zone: $0.064–$0.066 (38–50% retracement area) ⬇.
Resistance zone: $0.072–$0.075 (previous highs, upper band resistance) ⬆.
RSI: Value + Interpretation
Investing.com shows RSI(14) at 66.81, bullish but not yet overbought ⬆.
Interpretation: Mixed but optimistic signals. RSI near neutral suggests room for upward movement if momentum builds, but caution warranted near overbought levels in short-term charts.
Entry Zones
Safer Entry: $0.062–$0.064, offering a buffer near support and potential for a bounce ⬇.
Aggressive Entry: $0.067–$0.069, entering during upside moves but below resistance, chasing potential breakouts.
Take-Profit Zones (TPs)
TP1: $0.072–$0.075, the immediate resistance cluster and Fibonacci area ⬆.
TP2: $0.078–$0.080, if breakout sustains above TP1 and volatility supports a rally higher (upper Bollinger band area) ⬆.
Stop-Loss Ideas
Conservative Stop-Loss: $0.0610, just below support zone—minimizes risk if the retracement continues ⬇.
Tight Stop-Loss: $0.0665, just below aggressive entry level—protects if reversal occurs early ⬇.
Trend Consolidating post-rally; neutral momentum
Fibonacci Zones Support: ~$0.064–$0.066 | Resistance: ~$0.072–$0.075
RSI ~49–67 — neutral to mildly bullish
Entry Zones Safer: $0.062–$0.064 | Aggressive: $0.067–$0.069
Take-Profits TP1: $0.072–$0.075 | TP2: $0.078–$0.080
Stop-Loss Conservative: ~$0.0610 | Tight: $0.0665
