📊 $OG /USDT – Testing critical resistance, are we witnessing an upcoming breakout? 🚀🔥
The OG Fan Token is trading at $16.64 (+11%), approaching strong resistance at $16.60–$17.00, after a strong rebound that brought it to a daily high of $17.20. Despite the positive momentum, the order books show selling dominance (74.68%) which may limit the short-term rise.
🔍 Levels to watch:
• Resistance: $16.60 – $17.00
→ A breakout above opens the way to:
– TP1: $17.20
– TP2: $17.50
• Support: $16.00
→ Holding above it maintains the upward momentum
→ Breaking below leads to:
– TP1: $15.80
– TP2: $15.50
📈 Trading scenarios:
✅ Bullish:
• Condition: Strong close above $16.60 with high trading volume
• Targets: $17.00 – $17.20 – $17.50
🔻 Bearish:
• Condition: Failure to break out + drop below $16.00
• Targets: $15.80 – $15.50
📌 Summary:
The upward momentum continues, but a breakout above $17 is key to confirming an expansion in the direction. Monitor the movement closely, especially at the mentioned turning points.
Follow the real-time analysis on channel #CryptoEmad