PSG Price Action Analysis

PSG is currently trading at $3.011, having seen a 3.89% decline in the past 24 hours. The chart shows the support and resistance levels that can be monitored to determine the future direction of the price.

Trading Levels:

Major Support: It is located at $3.000, a critical level that could lead to an upward rebound if the price can hold above it.

Resistance: It is at $3.197, a level that could act as a barrier for the price if the upward momentum regains.

Forecast

Bullish Scenario: If the price bounces from the support level and continues to rise, it could target the resistance level at $3.197, and if it can break this level, we could see a rise towards higher levels.

Bearish Scenario: If the support level at $3.000 is broken, it could lead to a further decline in the price towards lower levels.

Disclaimer: This analysis is for educational purposes only and is not considered investment advice. Traders are advised to conduct their own research and make decisions with caution.