$OGN has broken through the 0.035 level, with the current price at 0.03552.
Around key price levels, I usually look at three things:
① Holding above: An intraday move above the level doesn’t count; it’s a genuine breakout only if the full candlestick closes above 0.035.
② Retest: Can the price hold near 0.035 on a pullback? If it does, resistance has turned into support.
③ Volume: Did trading volume pick up during the breakout? Breakouts without volume are more likely to be false.
DYOR, and participate rationally.
Around key price levels, I usually look at three things:
① Holding above: An intraday move above the level doesn’t count; it’s a genuine breakout only if the full candlestick closes above 0.035.
② Retest: Can the price hold near 0.035 on a pullback? If it does, resistance has turned into support.
③ Volume: Did trading volume pick up during the breakout? Breakouts without volume are more likely to be false.
DYOR, and participate rationally.