$OGN
📌 When your Fibonacci drawing is correct, you’ll know the targets exactly!
Technical analysis of OGN/USDT (spot trading only)
The chart shows a strong rally after a break of the bullish structure, and the price is currently trading at 0.0424, near the first extension level of 1.618 (0.0426).
❓ Will the price reach the second Fibonacci target?
Yes, the bullish outlook remains clearly valid as long as the price holds above the broken levels:
* Current level: 0.0424
* First target (tested): 1.618 at 0.0426
* Second target (next target): 2.618 at 0.0562
🎯 Best buying and accumulation zones (Spot):
If a pullback or retest occurs, the following prices are considered the best support and entry levels:
* First buying zone: 0.0343 (1.0 level with the shaded liquidity zone)
* Second buying zone (golden ratio): 0.0291 - 0.0314 (0.618 - 0.786 levels)
⛔ Risk management and stop-loss:
* Stop-loss (Spot): A candle close below 0.0275 (0.5 level) invalidates the current explosive wave.
⚠️ Note: This analysis is for educational and technical purposes only and relates to spot trading. It is not a direct financial recommendation. Always do your own research and manage your risk wisely.
📌 When your Fibonacci drawing is correct, you’ll know the targets exactly!
Technical analysis of OGN/USDT (spot trading only)
The chart shows a strong rally after a break of the bullish structure, and the price is currently trading at 0.0424, near the first extension level of 1.618 (0.0426).
❓ Will the price reach the second Fibonacci target?
Yes, the bullish outlook remains clearly valid as long as the price holds above the broken levels:
* Current level: 0.0424
* First target (tested): 1.618 at 0.0426
* Second target (next target): 2.618 at 0.0562
🎯 Best buying and accumulation zones (Spot):
If a pullback or retest occurs, the following prices are considered the best support and entry levels:
* First buying zone: 0.0343 (1.0 level with the shaded liquidity zone)
* Second buying zone (golden ratio): 0.0291 - 0.0314 (0.618 - 0.786 levels)
⛔ Risk management and stop-loss:
* Stop-loss (Spot): A candle close below 0.0275 (0.5 level) invalidates the current explosive wave.
⚠️ Note: This analysis is for educational and technical purposes only and relates to spot trading. It is not a direct financial recommendation. Always do your own research and manage your risk wisely.