$OG

OG
OGUSDT
4.996
+7.69%

USDT (1H | Binance) — Momentum Breakout Explained

OGU has shifted structure decisively bullish on the 1H timeframe. After forming a base with higher lows at 0.506 → 0.514 → 0.519, price compressed under resistance and then exploded with strong volume, breaking above the prior supply zone.

The impulsive move from 0.54 → 0.62 confirms buyers in full control, with minimal pullbacks — a classic momentum continuation signal rather than a blow-off top.

Key levels to watch:

Support: 0.60 – 0.585 (previous breakout zone)

Resistance: 0.63 – 0.66

Holding above 0.60 keeps bullish continuation valid

Volume expansion on the breakout candle validates the move, suggesting this is demand-driven, not just short covering.

📈 As long as price consolidates above support, dips are likely to be bought.

⚠️ Manage risk — momentum trades move fast both ways.

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