$OG At a very strong bullish movement since many days now. Will it continue, will it hit 18? Or a pullback is coming?
Bullish ~75% (EMAs stacked bullish, recent breakout + big volume).
Buy zones
• Safe — $11.50–$12.50 (clear support area below current, near 25/99 EMA zone).
• Moderately safe — $12.50–$13.50 (dip-buy on pullback toward short-term EMA).
• Risky — $13.50–$14.50 (buying into momentum / breakout continuation).
Sell (take-profit) zones
• Safe — $15.00–$15.50 (24h high sits ~15.49 on your shot).
• Moderate — $16.50–$18.00 (needs a clean breakout & follow-through).
• Risky (greed) — $18.00–$20.00+ (only for traders who accept high volatility).
Stop-losses
• Tight (swing trade) — $12.80 (just under short-term EMA/support).
• Flexible (position trade) — $11.40 (below larger daily EMA / strng support).
— Those who want the explanation, read on —
Why: short EMAs (7/25) are above the 99 EMA and price just broke out with a large green candle and volume spike → bullish momntum. MACD showed a big positive divergence on intraday and daily, supporting momentum. Caution: daily RSI in your screenshots is extremely overbought (~98 on one shot), so odds of a sharp pullback or consolidation are high; that’s why I recommend the safe buy zone or waiting for a retest of the short/long EMA. Order-book depth shows slightly heavier asks on the immedite levels (watch if sizable asks absorb buying — that can cap upside).
If price turns bearish instead: wait for reclaim of long-term support (near $9–$10 or EMA99) before buying in stages.
DYOR and Inshaallah OG will keep making us good profits.
