Is #OGN Ready for a Bullish Reversal or More Downward Move?
Yello, Paradisers! Is #OGNUSDT finally going for the breakout or another fake-out? Let's dive into the latest analysis of #OriginProtocol!
đź’ŽAfter 4-5 months of a slow and steady downtrend, #OGN is approaching a critical turning point. The price is currently testing the upper boundary of a Descending Channel, fueled by a strong bounce from the major support zone between $0.072 and $0.078.
💎To truly spark this rally, #OGN needs to clear a key obstacle—the minor resistance between $0.114 and $0.155, which previously acted as a strong support level. A breakout above this area, confirmed by increasing volume and the 20 EMA, could mean the bulls are ready to take over. If this happens, brace yourselves for a move toward the next major resistance.
đź’ŽIf momentum stalls, we could see a pullback toward that crucial support zone between $0.072 and $0.078, retesting the breakout level. Failing to hold here could spell trouble, with #OGN potentially sliding back down to the $0.059 demand zone.
💎And here’s the real risk—if it breaks below that support, the bears will likely regain control, triggering a deeper correction and crushing any hopes of a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
đź’ŽAfter 4-5 months of a slow and steady downtrend, #OGN is approaching a critical turning point. The price is currently testing the upper boundary of a Descending Channel, fueled by a strong bounce from the major support zone between $0.072 and $0.078.
💎To truly spark this rally, #OGN needs to clear a key obstacle—the minor resistance between $0.114 and $0.155, which previously acted as a strong support level. A breakout above this area, confirmed by increasing volume and the 20 EMA, could mean the bulls are ready to take over. If this happens, brace yourselves for a move toward the next major resistance.
đź’ŽIf momentum stalls, we could see a pullback toward that crucial support zone between $0.072 and $0.078, retesting the breakout level. Failing to hold here could spell trouble, with #OGN potentially sliding back down to the $0.059 demand zone.
💎And here’s the real risk—if it breaks below that support, the bears will likely regain control, triggering a deeper correction and crushing any hopes of a short-term bullish recovery.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
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Follow a team of traders with 10+ years of experience?
GO FREE👉 t.me/+BPd2gjl6OHZjYmQ0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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