$PSG /USDT – Bullish Flag Formation Signals Potential Breakout Ahead
$PSG has posted a solid +11.84% rally, rebounding sharply from $2.226 to a peak of $2.698, confirming bullish strength. On the 4H chart, a classic bullish flag pattern is unfolding — a continuation setup that often leads to another upward leg if confirmed.
Technical Snapshot:
Current Pullback Zone: $2.45–$2.50 (ideal re-entry range)
Target Projection: $2.85–$3.00 based on measured flag extension
Stop Loss: $2.28 (beneath structure support to manage risk)
Outlook:
If PSG maintains strength above $2.50, the breakout potential remains high. Strong volume inflow supports the bullish scenario. However, a break below $2.28 would invalidate this setup and shift bias to neutral.
Watch for a clean candle close above the flag range to confirm bullish continuation.
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