🚀 $OG /USD: CONSOLIDATING AT KEY LEVELS – WATCH FOR A BREAKOUT! ⚡
The $OG /USD pair is currently trading at $5.045, holding steady near significant support and resistance zones. This consolidation could lead to a breakout in either direction, so traders should monitor these key levels closely.
📊 Trade Scenarios:
Entry Point: $5.045
Take Profit (TP) 1: $5.150
Take Profit (TP) 2: $5.300
Take Profit (TP) 3: $5.500
Stop Loss (SL): $4.850
Support is found at $4.850, while resistance is at $5.150. A breakout above $5.150 could lead to further upside, targeting $5.300 and $5.500. A drop below $4.850 may indicate a bearish retracement.
📉 Market Outlook:
OG/USD is currently testing support at $4.850. If this level holds, we could see a move toward $5.150 and higher. However, a break below $4.850 may lead to further downside.
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