$OGN
/USDT Technical Analysis and Trade Signals 🎯
Current Price: 0.1662 (+10.58%)
Key Indicators:
Bollinger Bands (20, 2):
Upper Band: 0.1657
Middle Band: 0.1612
Lower Band: 0.1568
Price is above the upper band, indicating bullish momentum. However, a potential price pullback toward the middle band (0.1612) or lower band (0.1568) is possible.
24h Range:
High: 0.1664
Low: 0.1430
The price is near the 24h high, indicating the strength of the current upward move.
Volume:
OGN Volume: 84.24M
USDT Volume: 12.78M
Higher OGN volume suggests strong buyer interest and support at the current levels.
Market Depth:
OGN: 11.71% at 0.1664
USDT: 10.80% at 0.1664
Solid buy-side support near the current price level.
Trade Strategy with 3 Target Keys 🎯
Long Entry Strategy:
Entry Price: 0.1662 (current price) or a potential retracement to 0.1612 (Middle Bollinger Band). A pullback to this level could offer a good buying opportunity.
Target Levels:
Target 1 (First Take Profit): 0.1700
A reasonable short-term target based on the current momentum. This level is just above the 24h high and aligns with a continuation of the bullish trend.
Target 2 (Second Take Profit): 0.1750
This level offers a higher resistance point and is a natural target for traders expecting a more sustained uptrend.
Target 3 (Long-Term Take Profit): 0.1800
A more ambitious target that aligns with the overall bullish trend and could be reached if the momentum continues to build, particularly if the overall market shows strength.
Stop Loss:
Stop Loss Level: 0.1600 (below the SAR and near the middle Bollinger Band)
A key stop-loss level to manage risk in case of a bearish reversal or price break below the Bollinger Bands.
Summary:
Bullish Trend: Based on price above the Bollinger Bands, SAR, and volume, the trend appears to be bullish.
Key Targets:
Target 1: 0.1700
Target 2: 0.1750
Target 3: 0.1800
Stop Loss: Set at 0.1600 to minimize risk in case of a downward correction.