Binance Technical Analysis: $OG
/USDT
As we analyze the OG/USDT trading pair, recent price action reveals potential opportunities for traders. With a current price of $7.409, the token has shown impressive bullish momentum, achieving a 22.97% gain in the last 24 hours.
Key Levels to Watch đŻ
1. Target 1: $8.00
This level represents a psychological resistance point. A break above could signal further upward momentum, drawing in more buyers.
2. Target 2: $9.00
The $9.00 mark is a significant Fibonacci retracement level. If OG/USDT consolidates above $8.00, this target could come into play, offering a potential profit-taking point for aggressive traders.
3. Target 3: $10.00
Should the bullish trend persist, the $10.00 target could be reached, aligning with previous highs and providing a strong target for long-term holders.
Moving Averages:
MA(7): $8.768
MA(25): $5.303
MA(99): $3.598
Volume Insights:
24h Volume (OG): 14.326 million
24h Volume (USDT): 328.79 million
As we approach these targets, itâs crucial to monitor market sentiment and volume for confirmation of trends. Happy trading!