$OGN is currently trading at approximately $0.0615.
Buy Zone:
Analysts have identified a strong support zone around $0.1240, based on Fibonacci levels. However, considering the current price, a more immediate buy zone could be between $0.0600 and $0.0650, aligning with recent price movements.
Targets:
Target 1: $0.0700
Target 2: $0.0800
Target 3: $0.0900
These targets are set at key resistance levels observed in recent trading sessions.
Stop Loss:
To manage risk, consider setting a stop loss at $0.0550, just below the recent support levels.
Conclusion:
Entering a position within the $0.0600 to $0.0650 buy zone, aiming for the specified targets, and maintaining a stop loss at $0.0550 offers a balanced approach to trading OGN. Always conduct your own research and consider your risk tolerance before making trading decisions.