Technical Analysis: $OGN /USDT Perpetual (1H)
Market Structure: Price broke through the descending resistance trendline, moved above the consolidation area, and is holding above a new support zone.
Moving Averages: Price is holding above the short-term MA (purple) and long-term MA (orange), confirming a short-term bullish bias.
Key Levels:
Key Support / Retest: 0.03517 USDT
Current Price: ~0.03851 USDT
Nearest Resistance: 0.04200 USDT – 0.04500 USDT
Trading Signal (Long / Buy on Dip)
Entry Area: 0.03600 – 0.03800 USDT (Wait for a pullback toward the MA/horizontal support area)
Take-Profit Targets (TP):
TP 1: 0.04200 USDT
TP 2: 0.04500 USDT
TP 3: 0.05000 USDT
Stop Loss (SL): 0.03400 USDT (Below the key support area at 0.03517)
Risk/Reward Ratio: ~1:2+
Risk Note: Always limit position sizing to a maximum of 1–2% of total equity per trade and adhere to your Stop Loss.
Market Structure: Price broke through the descending resistance trendline, moved above the consolidation area, and is holding above a new support zone.
Moving Averages: Price is holding above the short-term MA (purple) and long-term MA (orange), confirming a short-term bullish bias.
Key Levels:
Key Support / Retest: 0.03517 USDT
Current Price: ~0.03851 USDT
Nearest Resistance: 0.04200 USDT – 0.04500 USDT
Trading Signal (Long / Buy on Dip)
Entry Area: 0.03600 – 0.03800 USDT (Wait for a pullback toward the MA/horizontal support area)
Take-Profit Targets (TP):
TP 1: 0.04200 USDT
TP 2: 0.04500 USDT
TP 3: 0.05000 USDT
Stop Loss (SL): 0.03400 USDT (Below the key support area at 0.03517)
Risk/Reward Ratio: ~1:2+
Risk Note: Always limit position sizing to a maximum of 1–2% of total equity per trade and adhere to your Stop Loss.