Origin Protocol TESTING SUPPORT — NEXT MOVE COMING SOON, GUYS!
Price is down from its recent high of $0.05364 and is now testing a crucial support zone around $0.0397–$0.0377.
The next move could decide whether we see a recovery or another leg down. Definitely add this coin to your watchlist.
Key support zone: $0.0397–$0.0377
If price loses $0.0375, the first downside extension could reach $0.035–$0.034.
If selling pressure continues and the $0.034 support also breaks, the next zone to watch is $0.028–$0.027. If sellers remain aggressive, further downside toward $0.025 or even $0.020 cannot be ruled out.
But if buyers defend the current support zone and price reclaims $0.040, I’ll watch for a recovery toward $0.041–$0.042 as the first extension.
Above that, $0.044 and the MA200 around $0.03175? Wait — the chart shows MA200 at $0.03175, which is well below the current price. So the more immediate major resistance is around $0.044, followed by the $0.048 area.
The chart is showing some interesting signals:
* RSI(7): 25.49 — short-term oversold, so a relief bounce is possible.
* RSI(14): 33.06 — bearish momentum remains, but selling may be getting stretched.
* MACD is negative — sellers still have the momentum for now.
* Price is below MA7, MA25 and MA99, so bulls need to reclaim these levels to improve the short-term structure.
For now, $0.0377–$0.0397 is the zone to watch closely. If it holds, a bounce could develop. If it breaks, downside targets come into play.
Don't assume oversold means an immediate reversal — wait for buyers to confirm the move. 🔥
$OGN #CryptoSat
Price is down from its recent high of $0.05364 and is now testing a crucial support zone around $0.0397–$0.0377.
The next move could decide whether we see a recovery or another leg down. Definitely add this coin to your watchlist.
Key support zone: $0.0397–$0.0377
If price loses $0.0375, the first downside extension could reach $0.035–$0.034.
If selling pressure continues and the $0.034 support also breaks, the next zone to watch is $0.028–$0.027. If sellers remain aggressive, further downside toward $0.025 or even $0.020 cannot be ruled out.
But if buyers defend the current support zone and price reclaims $0.040, I’ll watch for a recovery toward $0.041–$0.042 as the first extension.
Above that, $0.044 and the MA200 around $0.03175? Wait — the chart shows MA200 at $0.03175, which is well below the current price. So the more immediate major resistance is around $0.044, followed by the $0.048 area.
The chart is showing some interesting signals:
* RSI(7): 25.49 — short-term oversold, so a relief bounce is possible.
* RSI(14): 33.06 — bearish momentum remains, but selling may be getting stretched.
* MACD is negative — sellers still have the momentum for now.
* Price is below MA7, MA25 and MA99, so bulls need to reclaim these levels to improve the short-term structure.
For now, $0.0377–$0.0397 is the zone to watch closely. If it holds, a bounce could develop. If it breaks, downside targets come into play.
Don't assume oversold means an immediate reversal — wait for buyers to confirm the move. 🔥
$OGN #CryptoSat