$OGN broke below the 0.039 level, with the current price at 0.03834.
Around key price levels, I usually look at three things:
① Close: An intraday break doesn’t count; it’s a genuine break only if the close is below 0.039.
② Rebound: Can the price reclaim the 0.039 area on a rebound? If it can’t, support has turned into resistance.
③ Volume: Did volume increase during the break? A break on low volume is more likely to be false.
#OGN
Around key price levels, I usually look at three things:
① Close: An intraday break doesn’t count; it’s a genuine break only if the close is below 0.039.
② Rebound: Can the price reclaim the 0.039 area on a rebound? If it can’t, support has turned into resistance.
③ Volume: Did volume increase during the break? A break on low volume is more likely to be false.
#OGN