#LGNS Holding Strong: Is a Major Breakout Looming? 🚀
Origin ($LGNS) is showing incredible resilience in the current market! Looking at the 4H chart, we are seeing some very healthy technical signals that every trader should keep an eye on.
🔍 The Technicals:
Trend Confirmation
LGNS is currently trading at $6.96, holding firmly above the MA(200) ($6.19). This is a classic long-term bullish signal. 📈
RSI Neutrality
With an RSI of 52.44, the asset isn't overbought. This means there is plenty of "fuel" left for an upward move without immediate exhaustion.
Support Zone
We have solid support established around the $6.80 - $6.90 range.
My Take
As long as we hold above the $6.50 level, the macro trend remains bullish. I’m watching for a high-volume break above $7.10 to confirm the next leg up.
What’s your price target for $LGNS this month? Let’s discuss below! 👇
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