$OG USDT Technical Analysis
Current Market: Bullish
Pattern: Bullish Flag
Long Entry: $6.05 - $6.10 (Breakout of the flag)
Target: $6.40 - $6.50 (Flagpole height projection)
Stop Loss: $5.80 (Below the flag support)
Short Entry: $6.35 - $6.40 (Retest of the flag resistance)
Target: $5.90 - $5.80 (Flagpole height projection)
Stop Loss: $6.50 (Above the flag resistance)
Leverage: Use 2x to 3x leverage to maximize returns while managing risk.
Market Outlook: The bullish flag pattern suggests a continuation of the upward trend. A breakout above the flag resistance is likely to trigger a significant price increase. However, a retest of the flag resistance or a break below the flag support could signal a potential reversal.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please do your own research or consult with a financial advisor before making any investment decisions.
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