$0G
๐จ Technical analysis for $OG | A crucial zone after the strong rise
OG coin is in a strong uptrend wave, and the price is currently near 0.344 after breaking important levels and reaching a high of 0.3595. But there is an important factor: the price is currently inside an FVG zone on the weekly timeframe, so we may see volatility or a correction before the move continues.
๐ด Current resistance:
The zone is 0.354โ0.360, with the peak at 0.3595. Breaking above it and holding above it supports the continuation of the uptrend.
๐ข Scenario 1 โ Continuation of the uptrend:
If the price breaks 0.360 and holds above it: ๐ฏ 0.370
๐ฏ 0.385โ0.390
๐ป Scenario 2 โ Correction:
If the price fails to break 0.354โ0.360 and starts to fall, the most important zones are: ๐ฏ 0.333โ0.335
๐ฏ 0.310โ0.315
And in case of a deeper correction, the area around 0.280 becomes important; because it represents the previous weekly high zone that was broken, and retesting it as support after the breakout is normal and does not necessarily mean the uptrend has ended.
๐ Buy zones to watch:
0.330โ0.335, then 0.310โ0.315, and if there is a strong drop, you can monitor 0.280 for a retest.
โ ๏ธ Important note: The price is currently inside a weekly FVG, so I donโt recommend chasing the move at the top; itโs better to wait for confirmation of the breakout or a clear correction.
๐ This post is for educational purposes to analyze price action, not financial advice
๐จ Technical analysis for $OG | A crucial zone after the strong rise
OG coin is in a strong uptrend wave, and the price is currently near 0.344 after breaking important levels and reaching a high of 0.3595. But there is an important factor: the price is currently inside an FVG zone on the weekly timeframe, so we may see volatility or a correction before the move continues.
๐ด Current resistance:
The zone is 0.354โ0.360, with the peak at 0.3595. Breaking above it and holding above it supports the continuation of the uptrend.
๐ข Scenario 1 โ Continuation of the uptrend:
If the price breaks 0.360 and holds above it: ๐ฏ 0.370
๐ฏ 0.385โ0.390
๐ป Scenario 2 โ Correction:
If the price fails to break 0.354โ0.360 and starts to fall, the most important zones are: ๐ฏ 0.333โ0.335
๐ฏ 0.310โ0.315
And in case of a deeper correction, the area around 0.280 becomes important; because it represents the previous weekly high zone that was broken, and retesting it as support after the breakout is normal and does not necessarily mean the uptrend has ended.
๐ Buy zones to watch:
0.330โ0.335, then 0.310โ0.315, and if there is a strong drop, you can monitor 0.280 for a retest.
โ ๏ธ Important note: The price is currently inside a weekly FVG, so I donโt recommend chasing the move at the top; itโs better to wait for confirmation of the breakout or a clear correction.
๐ This post is for educational purposes to analyze price action, not financial advice
