$OG Consolidation Ready to take off anytime
🔥 I. Overall Trend Judgment (Core)
The current price has rebounded to $12.782, and is in the range of $11.00 - $14.00 for "refuelling in the air" or "bottoming out". Compared to the starting point, the current bottom has clearly risen, and the bulls have not completely retreated; the market is waiting for the next explosive point. The mid-term trend of OG is still active. Although it has deviated from the highest point, it has not fallen back to its original shape. It is currently in a consolidation phase under the control of the main players, with strong support around $11.00.
II. Key Levels
Resistance Level (Selling Pressure Zone):
Short Resistance: $14.00 - $15.00. This is the lower edge of the oscillation center during the recent pullback, and is also the position of the M head and shoulders line. Once it rebounds here, previous trapped positions will seek to exit.
Strong Resistance: $18.00 - $20.00. The main chip area of the last wave of rising. Unless there is a super favorable condition to support it, it will be difficult to surpass in the short term.
Support Level (Defensive Zone):
Lifeline: $10.50 - $11.00. The recent area of the entity closing low points, and also the absolute bottom of this round of adjustment. The main players have repeatedly defended here; falling below this means the end of the market.
Strong Support: $6.00 - $8.00. If $10.00 is lost, the price will return to fill the previous upward gap.
III. Trading Volume Signal
Signal: Volume increases with rises, decreases with pullbacks.
The trading volume during the rise was huge, while the volume during the current pullback phase has significantly shrunk.
Interpretation: Main players are locking positions. This indicates that the main funds have not completely exited, and the current decline is more due to retail investors' panic and profit-taking. As long as the volume does not continue to expand and kill the price, the chip structure remains healthy.
IV. Operational Strategy
For Holders: Hold patiently.
Fan tokens usually follow the rule of "not opening for half a year, once opened, it lasts for half a year".
It is recommended to firmly hold $10.50. As long as it does not break, continue to hold for a second wave; if it rebounds to $15.00 and meets resistance, consider reducing positions.
For Non-Holders: Buy at the lower end of the range.
Strategy: Gradually build positions in the range of $11.00 - $12.00.
Stop-loss: Strictly set below $10.00.
Logic: To take advantage of the main players' subsequent rise after the consolidation ends, with a very high risk-reward ratio.
V. Summary
OG is currently in a "halftime break"; once the hot spot arrives, it could take off again at any time!
