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$OG Entry Zone:4.350 – 4.410
Targets
TP1: 4.480
TP2: 4.600
TP3: 4.720
Stop-Loss:4.280
Analysis
$OG recently experienced a significant impulsive rally, peaking at the 4.725 mark. Following this vertical expansion, the price has entered a corrective phase, characterized by a series of lower highs as momentum cools down.
The current price action shows OG testing the MA(99) (purple line) on the 15m timeframe, which is acting as a dynamic support level near the 4.40 region. We are seeing a cluster of small-bodied candles and bottom wicks, suggesting that selling pressure is beginning to stabilize and buyers are looking to defend this zone.
Outlook
As long as the price holds above the critical support at 4.350, the structure remains constructive for a potential "dead cat bounce" or a trend continuation. A sustained move and close above the MA(25) (pink line) at 4.486 would likely trigger a recovery toward the previous local highs of 4.600 and potentially a retest of the 4.725 resistance. A breakdown below 4.280 would invalidate this bullish setup and suggest further downside toward the 24h low.
#og #BinanceAlphaAlert $OG