$OG /USDT Update – Consolidation After Resistance Rejection

$OG /USDT is currently trading at $4.980, showing a modest gain of +1.63% in the last 24 hours. The price peaked at $5.340 before facing resistance and pulling back to key moving averages. The MA(7) and MA(25) are close, indicating a short-term consolidation phase with mixed momentum.

Entry Suggestion:

• Consider entries near $4.950-$4.980 if support holds.

Targets:

• Short-term Target: $5.150

• Next Target: $5.350

Stop Loss:

• Place a stop loss below $4.850 to limit downside risks.

The current retracement is accompanied by reduced volume, suggesting potential stabilization before the next move. Monitor for a breakout or further consolidation around resistance levels. Trade cautiously and apply proper risk management.

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