š
$OG /USDT ā Testing critical resistance, are we witnessing an upcoming breakout? šš„
The OG Fan Token is trading at $16.64 (+11%), approaching strong resistance at $16.60ā$17.00, after a strong rebound that brought it to a daily high of $17.20. Despite the positive momentum, the order books show selling dominance (74.68%) which may limit the short-term rise.
š Levels to watch:
⢠Resistance: $16.60 ā $17.00
ā A breakout above opens the way to:
ā TP1: $17.20
ā TP2: $17.50
⢠Support: $16.00
ā Holding above it maintains the upward momentum
ā Breaking below leads to:
ā TP1: $15.80
ā TP2: $15.50
š Trading scenarios:
ā
Bullish:
⢠Condition: Strong close above $16.60 with high trading volume
⢠Targets: $17.00 ā $17.20 ā $17.50
š» Bearish:
⢠Condition: Failure to break out + drop below $16.00
⢠Targets: $15.80 ā $15.50
š Summary:
The upward momentum continues, but a breakout above $17 is key to confirming an expansion in the direction. Monitor the movement closely, especially at the mentioned turning points.
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