🔥
$0G Market Outlook: Strong Bullish Momentum, Testing Key Resistance
$0G is exhibiting strong bullish momentum, driven by a decisive breakout from the prior consolidation range between 0.50 – 0.55. The +11.29% move over the last 24 hours aligns with a classic continuation breakout structure.
Technical Highlights:
K-line structure shows multiple large bullish candles supported by above-average volume.
The impulsive candle from 0.5718 → 0.6022, printing 13.2M volume, confirms aggressive buyer participation.
Price is now testing a key resistance zone, where short-term consolidation or a shallow pullback is healthy within a strong trend.
Capital Flow Analysis:
Contract inflows remain dominant (4H: +1.12M USDT, 6H: +1.33M USDT), reinforcing bullish positioning.
Minor short-term outflows on lower timeframes (-3K on 5m) suggest light profit-taking, not structural weakness.
Trade Setup – Long
$0G Ideal Entry: 0.577 – 0.582
(MA5 support / 38.2% Fibonacci retracement of the latest swing)
Aggressive Entry: Only if price holds above 0.59 with sustained volume
Stop Loss: 0.55 (for entries near 0.58)
Target Levels:
Primary Target: 0.6239
Secondary Target: 0.65
⚠️ Risk Note: Failure to hold 0.577 (MA5) could trigger a deeper corrective move toward the 0.50 support zone before continuation.
📈 Momentum remains bullish while key support holds. Trade with confirmation and disciplined risk management.
#0GUSDT #0G