Market Recovery in Progress: Key Levels to Watch for $OG USDT!🔥💯
After a sharp dip, the market has shown signs of recovery, with OGUSDT bouncing back strongly to the $4.796 level. The price action on the 15-minute chart reveals consistent higher highs and higher lows, signaling bullish momentum in the short term.
Long Trade Setup:
• Entry: Above $4.820
• Target: $4.950 (short-term), $5.050 (extended)
• Stop Loss: $4.740
Short Trade Setup:
• Entry: Below $4.740
• Target: $4.650
• Stop Loss: $4.800
The market is currently consolidating near $4.796 after testing resistance at $4.850. A breakout above this level could trigger another leg up, driven by recovering sentiment and buying volume. However, failure to sustain this recovery could lead to a pullback toward support at $4.650.
Next Move Projection:
Expect a potential upward breakout if the price sustains above $4.820. Traders are advised to secure profits gradually and adjust stop-loss levels as the trend develops. Stay vigilant for possible volatility near resistance zones!
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