AI Analysis: $OG/USDT

Entry price: 11.88–12.05
Target Price:

- TP1: 12.25
- TP2: 12.55
- TP3: 12.98
Stop-loss price: below 11.60

Reason for Purchase:

1. Form Confirmation:
- The daily level has formed a "double bottom" reversal structure (neckline at 12.25), with a bottom depth of 0.65 (11.60-12.25)
- Measure rise = Bottom depth × 1.618 = 1.05 → Target price 3 = 11.60 + 1.05 = 12.65 (actual rounded to integer 12.98)
2. Trend Structure:
- The weekly level breaks the descending trend line for 2024 (connecting 12.98 to 12.55), with the price above MA(50) 11.95
- RSI(14)=58 (neutral to bullish), MACD red bars widening indicate increased bullish strength.
3. Breakthrough Potential:
- After breaking through 12.25 upwards, it opens up 12.98+ upward space.
- If an effective breakthrough occurs, it may trigger the liquidation of 2.5x leverage contracts.
4. Indicator Verification:
- The OBV indicator has reached a new 20-day high, indicating capital inflow.
- Funding rate +0.155% (positive for 7 consecutive days), futures open interest exceeds 420 million USD
- On-chain data: Exchange net flow -1.2 million, whale holdings increased by 32%

Key observation:

1. Support overlap: The stop-loss level of 11.60 corresponds to the low point in October 2024 and the Fibonacci 61.8% retracement level.
2. Fibonacci Structure: The current price of 11.88–12.05 is at the Fibonacci 38.2% retracement level of the upward segment from 11.60 to 12.25.
3. Moving Average System: MA(200) 11.80 coincides with the lower edge of the entry range, forming strong support.
4. Volatility Expansion: The Bollinger Bands width has expanded to 4.8% (the highest in the last 30 days), and the breakout direction may lead to a single-day volatility of 12%+

Trading Logic:

- Gradual position building: 11.88 (Fibonacci support) for the initial position, 12.05 (MA50) for additional purchases, with an average price controlled at 11.96
- Stop-loss mechanism: 11.60 is set below the double bottom neckline, in line with the technical definition of "valid breakout pattern".
- Target Progression:
- 12.25 (neckline level): Take profit 30% position
- 12.55 (historical peak): reduce position by another 50%
- 12.98 (Yearly Line Resistance): Remaining Positions Bet on Trend Extension

Risk Warning:

- If the price falls below 11.60, be wary of the risk of a double top failure.
- The 12.98 area has strong resistance (yearly line + Fibonacci 161.8% extension), need to observe the volume-price coordination.

This content is for reference only and should not be considered as investment advice.