Attention, $OGN /USDT! 🚨 The price is at a super interesting point, touching $0.0694! After an attempt to break the resistance at $0.0767 and a small pullback, it seems that the "big players" are testing the market's patience.
The 7-period moving average ($0.0706) and the 25-period moving average ($0.0695) are there, almost right next to the current price. Watch out for this! It could be a sign of consolidation before a new movement, or a liquidity trap. Don't be fooled by appearances!
The volume, although it has decreased a bit compared to the peaks from a little while ago, is still there, indicating that there is interest. Manipulation is the order of the day, so it is vital to observe whether the price manages to stay above the moving averages. If the HODL with sense prevails and breaks the resistance at $0.0767 with volume, we could see a bullish rally with $0.08 and even beyond on the radar!
But be careful, if the price fails to hold and falls below the 99-period moving average ($0.0643) or the support at $0.0594, we could see an interesting downward movement. Patience is key here, and always with a good risk management plan! Are you ready for volatility?
