$OG is currently priced at $16.627. In spot trading, you buy or sell the asset for immediate delivery at the current market price. Spot traders aim to profit from price movements without leverage, meaning both potential gains and losses are tied directly to price changes.
Resistance is the level where price struggles to move higher due to increased selling pressure for $OG, this could be around $17.50.
Support is where price tends to bounce due to strong buying interest here it may be near $15.80.
A stop-loss is essential to limit downside risk; setting it around $15.50 could protect against further losses if the market drops.
Spot trading works best with proper risk management, technical analysis, and patience. Since you own the actual asset, there’s no liquidation risk like in futures, but volatility still demands discipline and well-planned entries and exits.