$OGN is showing early signs of a momentum reversal off the local low, with the next hour looking critical for a potential breakout extension.... 🚀
Price has bounced off the 0.03512 demand floor and is pressing right against the 15m EMA(99) at 0.03860 and 1h EMA(25) at 0.03860...
A clean hourly close above this 0.03860 confluence level clears the path for buyers to regain full control...
RSI(6) sitting back up at 50.73 shows momentum resetting nicely with plenty of fuel left for another expansion leg upward...
If this 0.03680 base holds strong on lower timeframes, we could see an explosive push back toward the 0.04550 and 0.05360 resistance levels...
VDA products are unregulated & risky. No regulatory recourse for any loss. Not financial advice. #DYOR
#scalpers #traders
Price has bounced off the 0.03512 demand floor and is pressing right against the 15m EMA(99) at 0.03860 and 1h EMA(25) at 0.03860...
A clean hourly close above this 0.03860 confluence level clears the path for buyers to regain full control...
RSI(6) sitting back up at 50.73 shows momentum resetting nicely with plenty of fuel left for another expansion leg upward...
If this 0.03680 base holds strong on lower timeframes, we could see an explosive push back toward the 0.04550 and 0.05360 resistance levels...
VDA products are unregulated & risky. No regulatory recourse for any loss. Not financial advice. #DYOR
#scalpers #traders