OG/USDT: Bullish Breakout or Temporary Pullback?
OG/USDT surged to a high of $8.289, signaling strong bullish momentum, but has since retraced to $7.956, hinting at a potential consolidation phase. The moving averages are aligned in a bullish setup, with MA(7) above both MA(25) and MA(99), suggesting that buyers are still in control.
Key support lies at $7.653, where the recent rally started, making it a great entry zone for those waiting for a dip. Resistance is clearly established at $8.289âa break above this level could open doors for a new leg up. If you're looking for an entry, consider buying near support with a stop just below, or wait for confirmation of a breakout above $8.289 for a momentum play.
Watch for volume spikes to confirm the next big moveâthis could be your perfect opportunity to ride the next wave!
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