OKB is currently sitting at a very strong rejection zone, and this one is hard to ignore.
Price is reacting around the $100 round number, which lines up perfectly with a clear demand zone. This area has already proven its importance in the past, and once again, buyers are stepping in.
Structurally, OKB is still trading inside a falling wedge, which is typically a bullish formation when defended from below.
As long as this demand + round number confluence continues to hold, I’ll be looking for trend-following long setups, targeting a move back toward the upper bound of the falling wedge.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Price is reacting around the $100 round number, which lines up perfectly with a clear demand zone. This area has already proven its importance in the past, and once again, buyers are stepping in.
Structurally, OKB is still trading inside a falling wedge, which is typically a bullish formation when defended from below.
As long as this demand + round number confluence continues to hold, I’ll be looking for trend-following long setups, targeting a move back toward the upper bound of the falling wedge.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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📊I help you turn charts into a career
theSignalyst.com
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t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
