BINANCE:OGUSDT is currently trading near a high-probability demand region on the 1-hour timeframe, where price is reacting after a sharp corrective move.
The chart highlights a Buying Breaker Block between $3.536 and $3.423, which has previously acted as strong support and is now a key decision zone for bulls.
If price holds this breaker block and shows bullish confirmation, a recovery move is likely, with upside targets projected toward $3.799 as the first resistance and $4.247 as the extended bullish target.
In case of deeper retracement, the Last Buying Zone at $3.329 – $3.285 serves as the final demand area where buyers are expected to defend the structure.
A strong reaction from this zone would still support a bullish reversal scenario; however, a clean breakdown and acceptance below $3.227, which is marked as the invalidation level, would confirm bearish continuation and shift market control to sellers.
Overall, holding above the demand zones keeps the bullish structure intact, while a loss of the last buying zone would signal increased downside risk.
Traders should wait for confirmation at these key levels to manage risk effectively.