$OG /USDT Trading Signal – Consolidation Near Support

Current Price: $4.915 (-0.97%)

24h Range: $4.891 - $5.062

24h Volume: 474,454.10 OG

Observation:

OG/USDT faced resistance at $5.062, resulting in a pullback to $4.915. The price is holding near a key support zone, with potential for a rebound or further decline depending on market momentum.

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Trading Plan (1H Timeframe):

Long Entry: $4.890 - $4.920

Targets:

T1: $4.970

T2: $5.020

T3: $5.100

Stop Loss: $4.850

Alternate Plan:

If price breaks below $4.890:

Short Entry: $4.880 - $4.850

Targets:

T1: $4.800

T2: $4.750

Stop Loss: $4.930

Analysis:

The MACD indicates slight bearish momentum, with the price testing support at $4.891. If support holds, a quick rebound toward $5.020 is possible. A breakdown below $4.890 may accelerate selling pressure.

Strategy Advice: Monitor volume for breakout confirmation. Use tight stop-losses and secure profits at target levels.

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