$OG /USDT Price Analysis: Recovery in Progress
OG/USDT is currently trading at $4.654, marking a slight 0.15% increase in the last session despite a daily loss of 5.23%. After testing a low of $4.320 earlier, the price has rebounded significantly, indicating potential buying interest and a shift in momentum.
Short-Term Targets:
1. Target 1: $4.750 – Immediate resistance level that could test the strength of the current recovery.
2. Target 2: $4.850 – A higher resistance zone where traders may consider booking partial profits.
3. Target 3: $5.000 – A psychological level that could attract significant trading activity if breached.
Support Levels:
Primary Support: $4.500 – A key level to monitor in case of a pullback.
Secondary Support: $4.320 – The recent low, acting as a critical level for downside protection.
Volume and MACD trends suggest a potential continuation of the current bullish push. However, traders should remain cautious, securing gains at short targets while maintaining tight stop-loss levels.