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Technical analysis by Alpha-GoldFX about Symbol OG: Buy recommendation (8/9/2025)

https://sahmeto.com/message/3693857
Alpha-GoldFX
Alpha-GoldFX
Rank: 261
3.2
Buy،Technical،Alpha-GoldFX

OGUSDT is staging a compelling breakout from a multi-year range, with price now pushing sharply higher and well above a key resistance zone. The weekly chart reveals a large rectangular range defined by significant long-term support below and supply above, and OG has decisively broken the upper band with strong volume and bullish candlestick confirmation. Technical indicators align with this expansion: OG has risen rapidly—approaching a potential 112% upside to the next major resistance area. This move is reinforced by recent breakout patterns including a falling wedge and a broadening rising wedge, signaling a transition from accumulation to a strong bullish trend. Furthermore, market volume remains elevated, validating buyer conviction on the breakout Adding to technical strength, institutional and retail attention has surged. Notable is the launch of the OGUSDT-margined perpetual futures contract on KuCoin, offering up to 30x leverage and likely increasing speculation and liquidity in the token. Bullish engulfing patterns and momentum indicators (RSI, MACD, etc.) in higher timeframes further attest to strong upside bias OGUSDT has emerged from a prolonged multi-year consolidation and is now rallying with conviction. The sharp breakout above resistance, underpinned by high volume, breakout structures, and fresh derivative infrastructure, sets the stage for a strong mid-term move. The target zone near $16–17 USDT represents a potential 110%+ upside if momentum sustains. Traders should monitor retests of the breakout level for entry opportunities—proof of support here could validate continuation toward the target range. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is your opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$16
Price at Publish Time:
$10.97
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