While retail is busy chasing the top, the smart money is waiting for this exact retest to load up for the next leg higher.
$OG – LONG 🚀
The Trade Plan
Entry: 3.050 – 3.160
Stop Loss: 2.840 (Just below the SuperTrend support)
TP1: 3.450
TP2: 3.630 (Local Resistance)
TP3: 4.100+ (Breakout Target)
Why this setup?
Breakout & Retest: We just saw a massive 19% surge breaking the long-term accumulation zone. Now, the price is cooling off perfectly to retest the previous resistance-turned-support.
RSI Reset: The RSI(6) has dropped from the 90 "extreme" zone back to a healthy 51, giving us the perfect momentum reset for another impulsive move.
Trend Confirmation: The SuperTrend has flipped bullish at 2.852, and the 1H candles are holding firmly above the mid-range liquidity.
Do you think ($OG) will reclaim $4.00 by the weekend, or are we heading back to accumulation? 🧐
Watching this closely 👇
