$PSG Price Action Alert: Bullish Momentum or Reversal? šØ
$PSG surged to $3.639 but retraced sharply to $3.125, signaling a potential trend reversal after an 18% spike. The pattern hints at bullish momentum exhaustion, with the next move contingent on these key levels:
Long Entry: $3.20, Targets: $3.45, $3.60, $3.80. Stop Loss: $3.05.
Short Entry: $3.05, Targets: $2.85, $2.70, $2.50. Stop Loss: $3.20.
Market Outlook: The high-wick candle suggests bearish pressure, but holding above $3.20 could reignite bullish momentum. Watch these levels closely for decisive moves!
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