$OG Trading Signal đš
1. Current Price: $7.383 (+5.16% increase).
2. Resistance Levels: $8.63 (strong resistance).
3. Support Levels: $6.634 (critical support).
4. Moving Averages (MA):
Price is below MA(7), near MA(25), suggesting short-term bearish momentum.
MA(99) is below current price, indicating a longer-term uptrend.
5. Volume Analysis: Volume spiked during the recent upward move but declined during the pullback.
6. Long Entry: Above $7.55 if the price breaks MA(7) with volume support.
7. Short Entry: Potential below $7.20.
8. Stop Loss:
Long: Below $7.15.
Short: Above $7.65.
9. Indicators: MACD crossover suggests bearish momentumâcaution for long entries.
10. Outlook: The trend hinges on breaking $7.55 or holding above $7.20 for direction.
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