#MOG (1W) — Outlook
Current structure suggests a long-term accumulation phase is forming after the major bearish decline. Price is holding inside a key demand zone while building a possible multi-year corrective pattern.
A relief rally toward the 0.7–0.93$ region remains possible and could provide a strong sell/redistribution area before the next bearish leg.
The projected structure shows:
• Accumulation → impulsive recovery
• Distribution near resistance
• Final correction into deeper support
• Potential macro reversal after completion