Technical Analysis for Currency $OG G /USDT – 💡 Professional Advice for Traders
Current Price: $5.65
Time Frame: 1 Hour
📈 Movement Summary:
Shows increasing bullish momentum after a strong recovery from the $5.24 level, currently trading near a critical resistance at $5.73. If it breaks and closes above $5.73 with an increase in trading volume, we may see a rapid breakout towards new levels.
📌 Professional Watch Point:
> If the hourly or four-hour candle closes above $5.73 with strong momentum, that will be a clear signal to start a new bullish phase.
📊 Suggested Trading Settings:
✅ Entry Zone: $5.65 – $5.70
🟢 Target 1️⃣: $5.78
🟢 Target 2️⃣: $5.89
🟢 Target 3️⃣ (Final): $6.05
🔴 Stop Loss: Below $5.52
🧠 Advice:
Watch the trading volume at the $5.73 area — if the breakout is weak or without volume, do not enter.
A pullback towards $5.60 – $5.58 may be a re-entry opportunity before the full rise.
It is advisable to use a trailing stop loss after reaching Target 1 to secure profits.