Technical analysis by CryptoNuclear about Symbol OGN: Buy recommendation (7/3/2025)

📊 Pattern and Market StructureDescending Trendline Breakout:OGN has successfully broken out of a long-standing descending trendline, signaling a potential shift from a bearish to a bullish trend.Strong Accumulation Zone / Key Support:The price has consistently respected the $0.04268 - $0.05402 support area, forming a solid demand zone with multiple rejections and prolonged consolidation.Potential Reversal Formation:A double bottom / base consolidation pattern seems to be forming within the support zone, reinforcing the likelihood of a bullish reversal.📈 Bullish ScenarioIf the breakout is confirmed (price holds above and successfully retests the trendline), the bullish targets will be:1. $0.06229 – minor resistance, likely first retest area.2. $0.07000 - $0.07432 – previous horizontal resistance zone.3. $0.08118 – prior distribution zone.4. $0.09500 - $0.10302 – mid-range supply zone.5. $0.11000 - $0.12733 – medium-term potential target.6. $0.14601 - $0.16232 – longer-term target on strong momentum.📌 A daily candle close above $0.06229 with significant volume could confirm further bullish continuation.📉 Bearish ScenarioIf the breakout turns out to be a false breakout, and price falls back below the support zone ($0.05402):Expect a drop toward:$0.04268 – the next major support level.A breakdown below this may lead to $0.03800 or the formation of a new lower low.Possible bearish triggers:Rejection at $0.06229 or above.Weak breakout volume.Overall bearish sentiment in the crypto market.📌 Conclusion:The descending trendline breakout indicates a potential bullish reversal.Strong support at the base adds confluence to the setup.Bullish scenario currently has higher probability, but confirmation and volume are crucial for sustained upside.#OGNUSDT #CryptoAnalysis #TechnicalAnalysis #AltcoinBreakout #CryptoSignals #BullishReversal #DescendingTrendline #BreakoutAlert #OGN #OriginProtocol