OGNusdt trade opportunity
OGN is presenting a potential double-bottom pattern, a classic bullish reversal setup. The plan is to accumulate within the identified buyback zone while closely monitoring price action near the setup's neckline.
Confirmation of the pattern will occur upon a decisive breakout above the neckline, signaling potential continuation toward the projected target of $1.50, as illustrated on the chart.
This setup carries inherent risks, especially if the price fails to sustain above critical support levels within the buyback zone. Patience is key while awaiting confirmation of the breakout.
Confirmation of the pattern will occur upon a decisive breakout above the neckline, signaling potential continuation toward the projected target of $1.50, as illustrated on the chart.
This setup carries inherent risks, especially if the price fails to sustain above critical support levels within the buyback zone. Patience is key while awaiting confirmation of the breakout.
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