$OG /USDT: Bulls Eyeing New Highs?
Current Price: $4.30 (+12.69%)
24h High: $4.55 | 24h Low: $3.72
$OG is up 14.05% in the last 24 hours, with a recent peak at $4.55 before facing resistance. Will it break past this barrier and continue its rally, or will we see a pullback?
Key Levels to Watch:
Support: $4.10 (Critical for bullish continuation)
Resistance: $4.55 (Breakout here could trigger strong upside)
Trade Setup:
Long Entry: If price holds above $4.30, consider targeting:
Target 1: $4.50
Target 2: $4.75
Extended Target: $5.00
Short Entry: If price dips below $4.10, consider:
Target 1: $4.00
Target 2: $3.80
Further Drop: $3.60
Stop Loss:
For Longs: $4.15
For Shorts: $4.40
Market Insight:
MACD indicates bullish momentum, but the lower volume may suggest a potential slowdown. Bulls need to hold the line for further gains; failure to maintain support may lead to profit-taking and a possible pullback.