Is #OGN Ready for a Bullish Reversal or More Downward Move?

11 Eki

Yello, Paradisers! Is #OGNUSDT finally going for the breakout or another fake-out? Let's dive into the latest analysis of #OriginProtocol!

💎After 4-5 months of a slow and steady downtrend, #OGN is approaching a critical turning point. The price is currently testing the upper boundary of a Descending Channel, fueled by a strong bounce from the major support zone between $0.072 and $0.078.

💎To truly spark this rally, #OGN needs to clear a key obstacle—the minor resistance between $0.114 and $0.155, which previously acted as a strong support level. A breakout above this area, confirmed by increasing volume and the 20 EMA, could mean the bulls are ready to take over. If this happens, brace yourselves for a move toward the next major resistance.

💎If momentum stalls, we could see a pullback toward that crucial support zone between $0.072 and $0.078, retesting the breakout level. Failing to hold here could spell trouble, with #OGN potentially sliding back down to the $0.059 demand zone.

💎And here’s the real risk—if it breaks below that support, the bears will likely regain control, triggering a deeper correction and crushing any hopes of a short-term bullish recovery.

Stay focused, patient, and disciplined, Paradisers🥂

MyCryptoParadise
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