$OG is currently trading near the lower Bollinger Band at 5.333.
This suggests potential oversold conditions, favoring a possible rebound.
The current price is slightly below the support level of 5.302, indicating bearish momentum.
Market volatility appears to be contracting, which could signal a consolidation phase.
For risk management, consider placing a stop-loss below 5.290 to mitigate losses.
Traders should wait for a confirmed bounce above 5.333 before entering a long position.
Set alerts for significant breaks of the resistance at 5.515 for further opportunities.
