$OGN Analysis - Breaking Out of Descending Triangle
Signal Details:
Entry Range: $0.0990 - $0.1005
Target 1 (TP1): $0.1100
Target 2 (TP2): $0.1200
Stop Loss (SL): $0.0950
Market Insights:
OGN/USDT has been forming a descending triangle, signaling potential breakout momentum. The price has tested its lower support near $0.0951 and is now showing early signs of upward movement. A confirmed breakout above the trendline could push the price toward $0.1100 initially, with further potential to reach $0.1200. However, a drop below $0.0950 would invalidate the bullish setup.
Pro Tip:
Wait for confirmation above $0.1005 with strong volume before entering. Manage risk carefully and consider scaling out profits near $0.1100 and $0.1200.