$OG is trading around $5.00 and the structure is quietly turning bullish. After a healthy consolidation phase, buyers are stepping in steadily. We’re seeing higher lows forming on the lower timeframes — a classic sign of accumulation before expansion.
Momentum is building. Volume is gradually increasing. The pressure is mounting just below resistance.
Current Price: $5.03 (+16.81%)
Technical Structure:
• Higher lows forming
• Buyers defending $4.85–$4.90 support
• Resistance sitting at $5.15
• Break above $5.15 opens the path toward $5.35+
Trade Setup:
Entry (EP):
$4.90 – $5.00 (Buy small dips near support)
Targets (TP):
TP1: $5.15
TP2: $5.35
TP3: $5.60 (If breakout momentum accelerates)
Stop Loss (SL):
$4.80
Scenario Outlook:
As long as price holds above $4.85, bulls remain in control. A clean break and hold above $5.15 could trigger momentum traders and push OG toward the next resistance at $5.35 and possibly $5.60.
Risk Management:
Do not chase breakouts blindly. Enter near support, protect capital with a defined SL, and scale out at targets.
Momentum is building quietly… and quiet moves often explode when least expected.