【$OG Signal】Long | Breakout retest confirmation, main force absorbing

$OG On the 4-hour chart, after volume breakout above EMA20, the price is undergoing healthy consolidation above a key resistance level. Market data shows continuous absorption by buyers, with a depth imbalance (-7.22%) indicating limited selling pressure. This is a typical confirmation structure after a breakout, not a top.

🎯 Direction: Long

🎯 Entry: 4.28 - 4.32

🛑 Stop Loss: 4.15 ( Rigid stop loss, below the previous breakout candle low and EMA20 support )

🚀 Target 1: 4.65

🚀 Target 2: 4.90

Hardcore logic: Price strongly breaks above EMA20 (3.8476) and stabilizes, signaling the first sign of trend reversal. The key 4-hour candle is accompanied by a sharp increase in volume (2.86 million), with buy-side dominance driving the breakout. Although RSI (75.67) indicates overbought conditions, the funding rate is only 0.0050% and open interest remains stable, ruling out short squeeze risk, driven by healthy buying. The order book shows significant buy orders accumulated in the 4.31-4.33 range (thick bids), forming a strong support zone. ATR (0.1856) provides volatility reference; stop loss is set below the previous low, with a risk-reward ratio >2.5. The current retest is a standard cooling-off after a breakout, representing a low-risk entry point.

Trade here 👇 $OG

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