OG/USDT Technical Analysis – Binance Market Update
Current Price: $7.70 (+27.87%)
24H High: $14.326
24H Low: $7.709
Trading Volume (24h):
OG: 34.74M
USDT: 5.847M
Technical Indicators:
SAR (Stop and Reverse): 14.180 – OG is currently in an upward trend as its price is below the SAR level. This indicates a possible pullback if momentum doesn't hold.
MA(5): 5,500,218.3
MA(10): 4,305,060.8 – The rising short-term moving averages point toward sustained bullish sentiment.
Order Book:
Ask: $7.72
Bid: $7.70
Market Depth:
Bid Strength: 277.369%
Ask Pressure: 429.478%
Targets to Watch:
🎯 Target 1 – $8.50: The first target for OG/USDT is $8.50. This psychological level is the next resistance area, and traders should watch for how the price reacts at this level.
🎯 Target 2 – $10.00: If OG breaks through $8.50, it could aim for the next target at $10.00. This level is significant as it represents a round figure and tends to act as a major resistance in the market.
🎯 Target 3 – $12.00: Beyond $10.00, $12.00 becomes a strong target. However, this will depend on whether the current momentum is sustained and if broader market sentiment remains favorable.
Summary: OG/USDT has shown strong momentum with a 27.87% price increase. Key resistance levels to watch are $8.50 and $10.00, with a potential target of $12.00 if the rally continues. Stay updated on volume and market movements to make informed decisions.
Stay safe and happy trading!