$OG /USDT Technical Analysis: Bullish Momentum with Key Levels đŻ
Current Price: $10.53 (+89.77%)
24h High: $14.326
24h Low: $5.370
OG/USDT has surged by +89.77% over the last 24 hours, showing strong bullish momentum. With significant price action and increased volume, weâre tracking the next key levels for potential trading opportunities.
đŻ Target 1: $12.60
This level marks a possible short-term resistance, aligning with the SAR (0.02, 0.2) indicator at 10.79. The price could consolidate near this range before a breakout attempt. Traders should watch the price action around this level for potential pullbacks or continued upward movement.
đŻ Target 2: $14.32
The 24-hour high of $14.326 represents the next major resistance level. If the price tests this level again, breaking above it could open doors to further gains. Bullish sentiment might push the price higher if this level is successfully breached with strong volume.
đŻ Target 3: $17.80
A more ambitious target, this level could be reached if bullish pressure sustains over the coming days. The Moving Average (MA5) at 121,056.5 and volume surge of 280.95M OG tokens suggest the possibility of a higher breakout in the medium term.
Indicators to Watch:
Moving Averages: Watch for a potential bullish cross between the MA(5) and MA(10) around 121K and 90K respectively.
Volume: OG/USDT shows high trading volume at 30.38M USDT, indicating strong market participation. Any increase here could further support upward momentum.
SAR (0.02, 0.2): Keep an eye on the SAR level of 10.79 for signs of trend reversal.
Trade wisely and follow the trend closely! As always, set stop losses and take profits responsibly.
