$OGN now at $0.0399 after briefly touching $0.04475.
$0.04475 has become the key breakout level. After that area failed to hold, the focus shifts to $0.037–$0.039, which is close to the Daily Fibonacci retracement.
If this area holds, the opportunity for a rebound is still open. To regain strength, price needs to reclaim the previous breakout area.
If $0.037 breaks, the risk of a deeper correction increases.
After an extreme pump, don’t chase the price. Wait for confirmation and follow the market with discipline.
$0.04475 has become the key breakout level. After that area failed to hold, the focus shifts to $0.037–$0.039, which is close to the Daily Fibonacci retracement.
If this area holds, the opportunity for a rebound is still open. To regain strength, price needs to reclaim the previous breakout area.
If $0.037 breaks, the risk of a deeper correction increases.
After an extreme pump, don’t chase the price. Wait for confirmation and follow the market with discipline.