$PSG RECLAIMING SUPPORT – SHORT-TERM UPSIDE POTENTIAL BREWING
$PSG is now trading at $2.601, showing signs of recovery after bouncing from the intraday low of $2.585. With buy pressure increasing (78.84% dominance in the order book) and volume holding at 7.097K, bulls are trying to regain control.
Key Support & Resistance Levels:
• Resistance:
• $2.608 – Immediate resistance to watch
• $2.700 – Next significant upside target
• Support:
• $2.585 – Local support and retest zone
• $2.495 – 24h low and key downside invalidation
Trade Setup – Low-Timeframe Reversal Play:
• Entry Zone: $2.590 – $2.605
• TP1: $2.608
• TP2: $2.700
• Stop-Loss: Below $2.580
PSG is showing early signs of trend reversal on the 15-min chart. If bulls push past $2.608, we could see a move toward $2.700.
However, losing the $2.585 zone could invite another wave of selling—stay alert for a clean breakout confirmation.