đš $OG /USDT ALERT đš
Price Action: $8.563 (+6.56%)
The price of OG/USDT is bouncing within a descending channel on the 15-minute chart, showing potential signs of a breakout.
đĄ Key Levels to Watch:
Resistance: $8.85 â This is the upper trendline of the descending channel. A breakout above this could signal bullish momentum.
Support: $8.35 â Strong support zone at the lower trendline of the channel. If it breaks below, watch out for a sharp decline.
đ Entry Strategy:
Long Trade: Enter above $8.85, targeting $9.10 and $9.50 for profits. Set your stop loss at $8.50 to manage risk effectively.
Short Trade: Enter below $8.35, targeting $8.10 and $7.90 for a potential downside move. Use a stop loss at $8.60 to protect your position.
⥠This setup could move fast! Keep a close eye on key breakouts for a potential opportunity.
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