OG/USDT Surges by 30.83%, Rebounding After Testing Support

The OG/USDT trading pair is displaying strong bullish momentum, with the price rising by 30.83% to $7.804 as of October 8, 2024. This fan token has witnessed considerable movement, with a 24-hour high of $14.326 and a low of $5.847. The volume in OG stands at 34.76M, while USDT trading volume has surged to 325.25M, reflecting a massive spike in trading activity.

On the 15-minute chart, OG tested support at $7.033 and rebounded sharply. The price is currently hovering near the 7-period MA at $7.728, with the 25-period and 99-period MAs at $8.316 and $8.770, respectively. Despite the correction from its recent high of $12.600, the recovery seems to have steadied.

Volume indicators show heightened activity, with MA(5) at 130,644.7 and MA(10) at 235,381.8, signaling potential buyer interest. OG's longer-term performance is also promising, with gains of 185.27% in the last 30 days and 155.15% in the 90-day period. As long as support levels hold, OG could experience further upward pressure, attracting more traders to this fan token.

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