$OG The market is currently experiencing a significant dip! The price is currently 0.717 USDT and there has been a major correction of -13.20% in the last 24 hours. It's a tough day in the Layer 1/2 space.
Sentiment is bearish for now. Strong support is around 0.706 (24h Low), which is currently holding. If this also breaks, the next support could be at 0.695. On the upside, immediate resistance is at 0.721, but real recovery will only happen if we break 0.759. After that, 0.827 (24h high) can be considered.
Volume is high, indicating significant selling pressure. The MA(99) is also up, which indicates the long-term trend is down. It's very important to manage risk at this time!
