$OG 's price action is exhibiting a clear upward trend, with a recent breakout above $8.50. The surge to $9.163 represents a 20.8% increase, indicating strong buying pressure.
The price range has expanded, with $7.50 serving as a potential support level and $10.50 acting as resistance. Notable levels to watch include:
$8.50 (previous resistance, now support)
$10.00 (psychological resistance)
$11.00 (next major resistance)
$7.00 (key support)
OG's upward momentum is driven by buying interest, with each pullback being met with renewed buying pressure. This suggests a bullish narrative.
However, caution is warranted due to:
- Overextension above $9.50
- Potential profit-taking around $10.00
- Market volatility
To navigate this trend, consider scaling in, setting realistic targets, and maintaining a close stop-loss. OG's trajectory will likely be influenced by broader market sentiment and adoption rate
