$0G Analysis (For Reference Only)
0G is currently at a breakthrough technical position:
Trading volume is active: 24-hour trading volume reached $235 million, indicating high market attention;
Review of history:
0G has experienced a rapid rise from $1.1 to $3.6, followed by a sideways movement around $2.7;
Key range and liquidation risk: The $2.5-$2.6 area is viewed as an important support zone, as it has gathered a large number of long positions, and once broken, it may trigger a chain liquidation. Meanwhile, there is significant short pressure near $3 above.
Narrative aspect: 0G, as a modular blockchain focused on decentralized AI, still holds attention in the market.
Short-term focus: After a significant price increase, it is essential to closely monitor the support level at $0.94 and the resistance level at $1.70.
Hope this helps your operations;
