$PSG

Recovery is ongoing

Can the bears maintain control?

PSG/USDT shows signs of short-term recovery, currently trading at $1.628 after bouncing from the $1.610 area. Trading volume has increased during the recovery, and the bears are trying to regain lost ground. If the price remains above $1.624, we may see additional upward pressure.

Key levels to watch

• Resistance areas:

• $1.630 – Immediate rejection point

• $1.640 – Short-term breakout level

• $1.660 – Upside extension target

• Support areas:

• $1.624 – Near-term support

• $1.610 – Recovery invalidation area

• $1.582 – Daily low and ultimate defense

Trade setup

Bullish scenario:

• Entry: Above $1.630

• Target 1: $1.640

• Target 2: $1.660

• Stop loss: Below $1.624

It seems that PSG is ready for a continuation move if it breaks above $1.630. Momentum leans in favor of the bears in the short term, but failure to stay above $1.624 may pull it back into the lower support area. Watch for strong follow-through or rejection in the next 15-30 minutes.