$OG BREAKOUT š„
OG just went vertical after a long downtrendā¦ from around $2.60 to $3.22 in a very short move.
Now trading near $3.06, still up around 10% with momentum clearly active. š
The part Iām watching now is whether this breakout can actually build support instead of giving the whole candle back.
For a LONG setup, $2.90-$3.05 looks like the cleaner area for me if price settles there.
Targets Iād watch:
$3.20
$3.35
$3.50+
The breakout is strongā¦ but after a candle like this Iād rather wait for the $OG retest than chase the top.
š Personal analysis only. Not financial advice. DYOR and manage your own risk.
OG just went vertical after a long downtrendā¦ from around $2.60 to $3.22 in a very short move.
Now trading near $3.06, still up around 10% with momentum clearly active. š
The part Iām watching now is whether this breakout can actually build support instead of giving the whole candle back.
For a LONG setup, $2.90-$3.05 looks like the cleaner area for me if price settles there.
Targets Iād watch:
$3.20
$3.35
$3.50+
The breakout is strongā¦ but after a candle like this Iād rather wait for the $OG retest than chase the top.
š Personal analysis only. Not financial advice. DYOR and manage your own risk.