$OG /USDT – Bearish Momentum Under Pressure

Momentum Analysis

OG/USDT is experiencing a downtrend with a -6.26% drop in price, currently trading at $3.53. The price has recently faced resistance near the 24h high of $3.916 and is now testing support at $3.501. With lower volume around 836K OG and 3.11M USDT, the trend seems to be consolidating or facing a potential breakdown.

Long Setup:

Entry Zone: $3.50 (around support level)

Targets: T1 - $3.60, T2 - $3.70, T3 - $3.80

Stop Loss: $3.40 (below the key support zone)

Breakout Confirmation Level & Key Support

Breakout Confirmation: $3.65 (above recent resistance at $3.663)

Key Support: $3.50 (support range seen in 24h low)

Pro Tip for Traders

Keep an eye on the volume; lower volume can indicate weakening momentum. If the price breaks $3.65, a bullish reversal could occur, but if it dips below $3.50, it may trigger further downside.

Relevant Hashtags

#OGUSDT #CryptoTrading #Altcoins #BearishBreakout #CryptoMarket