$PSG Recovery Underway – Can the Bulls Maintain Control?
PSG/USDT is showing signs of a short-term rebound, now trading at $1.628 after bouncing off the $1.610 zone. Volume surged on the recovery, and bulls are trying to reclaim lost ground. If price holds above $1.624, we could see further upside pressure.
Key Levels to Watch
• Resistance Zones:
• $1.630 – Immediate rejection point
• $1.640 – Short-term breakout level
• $1.660 – Bullish extension target
• Support Zones:
• $1.624 – Near-term support
• $1.610 – Recovery invalidation zone
• $1.582 – Daily low and final defense
Trade Setup
Bullish Scenario:
• Entry: Above $1.630
• Target 1: $1.640
• Target 2: $1.660
• Stop Loss: Below $1.624
Bearish Scenario:
• Entry: Below $1.624
• Target 1: $1.610
• Target 2: $1.582
• Stop Loss: Above $1.630
PSG looks primed for a continuation move if it breaks above $1.630. Momentum favors the bulls short-term, but failure to hold above $1.624 could drag it back into the lower support zone. Watch for strong follow-through or rejection in the next 15–30 minutes.