Currently, OKB is in a clear range fluctuation, with prices approaching the key support near 165.45. However, trading volume continues to shrink, showing a divergence between volume and price, and the market momentum is significantly lacking, posing a further pullback risk in the short term. The technical analysis has recently formed a "bearish engulfing" pattern, reinforcing a weak oscillating trend, and caution is needed regarding the possibility of a downward breakout.
Operational Suggestions: Consider short positions around 167 ± 1, with flexible target management, and strict risk control is essential.
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Rebirth2009
· 08-29 03:28
Don't come to play people for suckers, this profitable positions have almost been taken out, can't be smashed down anymore. The market maker has enough chips and may pump at any time.
August 29 OKB trading strategy
Currently, OKB is in a clear range fluctuation, with prices approaching the key support near 165.45. However, trading volume continues to shrink, showing a divergence between volume and price, and the market momentum is significantly lacking, posing a further pullback risk in the short term.
The technical analysis has recently formed a "bearish engulfing" pattern, reinforcing a weak oscillating trend, and caution is needed regarding the possibility of a downward breakout.
Operational Suggestions:
Consider short positions around 167 ± 1, with flexible target management, and strict risk control is essential.