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$OPG G is showing a strong bullish breakout on the 4-hour timeframe, gaining approximately 13.47%. The price has broken above its previous consolidation range near 0.1281 USDT and is trading above all major moving averages. The Supertrend remains bullish at 0.1246 USDT, while the Parabolic SAR is also positioned below the current price, supporting the upward trend. A significant spike in trading volume, along with a sharp rise in OBV, confirms strong buying activity during the breakout. However, RSI(6) has reached 87.66 and Stoch RSI is near 97, indicating extremely overbought conditions. After reaching a recent high of 0.1489 USDT, a short-term pullback is possible before another attempt toward higher resistance levels.
Entry: 0.1380 – 0.1410 USDT (on a confirmed pullback)
Stop: 0.1320 USDT
Target : 0.1480 USDT - 0.1550 USDT
This is strictly my personal technical analysis based on the available 4-hour chart. Take my view only as an idea. Wait for proper bullish confirmation before entering any trade. Think for yourself, manage your risk carefully, and trade strictly at your own risk!
Only smart decisions win! 🎁💲
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