$OG USDT Analysis: Bullish Momentum Building? 📈🔥
$OG USDT is currently trading within an ascending channel pattern, indicating a bullish trend structure. A breakout above $5.70 (upper trendline resistance) could pave the way for further upside, with potential targets at $5.90 - $6.00.
Trade Setup:
Long Entry: $5.55 - $5.60
Target: $5.90 - $6.00
Stop Loss: $5.40
If the price sustains above $5.70, bullish momentum could drive continuation toward higher targets. However, failure to hold the $5.40 support may expose the price to downside pressure, signaling potential bearish reversals.