$OG ⚡ Support Test – Can Bulls Defend $2.68 or Will Bears Push Lower? 🔴🟢
📊 Intro
$OG has seen increased volatility after hitting the $3.01 high, now trading near $2.6867 (-1.08% today). Sellers have pressured the price below short-term EMAs, but buyers are trying to hold the key $2.68 zone. Momentum indicators are leaning bearish, with RSI near 42, showing caution for both sides.
📌 Key Levels to Watch
Resistance: $2.72 – A breakout above this could drive price toward 🎯 $2.82 and 🎯 $3.00.
Support: $2.68 – A breakdown below may trigger a dip toward ⚠️ $2.60 and ⚠️ $2.52.
📊 Trade Setup – Be Prepared
Bullish Entry 🟢:
A confirmed breakout above $2.72 could target:
🎯 TP1: $2.82
🎯 TP2: $3.00
Bearish Entry 🔴:
A breakdown below $2.68 could target:
🎯 TP1: $2.60
🎯 TP2: $2.52
📝 Final Note
$OG is at a critical support level ⚠️. Bulls need to defend $2.68 to avoid deeper losses 📉, while a breakout above $2.72 could bring back bullish momentum 🚀. Traders should monitor volume 🔎 for confirmation.
⚠️ This is not financial advice. Do your own research and manage risk carefully before trading.