$OG The token is currently forming a falling wedge pattern on the daily chart, a bullish setup that indicates a potential upward move. If the breakout confirms, it could lead to significant price gains for investors.

What is Happening.

Falling Wedge Pattern:

A falling wedge occurs when the price moves within a narrowing downward sloping range, signaling that selling pressure is weakening.

Breakout Potential:

Once the price breaks above the upper trendline with strong volume, it confirms a bullish breakout.

Key Levels to Watch.

Buy Zone:

$4.30 - $4.80

This range is ideal for accumulating $OG, as it aligns with strong support levels near the lower boundary of the wedge.

Targets After Breakout:

Target 1: $7.09 (+47%)

Target 2: $8.64 (+100%)

Target 3: $14.00 (+220%)

These targets represent key resistance levels from previous highs.

Stop-Loss:

$4.00

Place a stop-loss below the wedge’s lower trendline to minimize risk if the pattern fails.

Why is $OG Bullish.

Reduced Selling Pressure: The wedge indicates sellers are losing control.

Bullish Momentum Ahead: Strong breakout volume can push prices higher.

Potential Gains: This setup offers a favorable risk-to-reward ratio with possible 220% upside.

Trading Plan.

Pro Tip:

Always wait for breakout confirmation with high trading volume.

Consider dollar-cost averaging within the buy zone for a better entry price.

Stay updated for further technical signals as the breakout unfolds.

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