Yello Paradisers! Are you watching what’s happening with #OKB right now? Because this move might be the last warning before a much deeper drop. We’ve spotted a series of red flags, and the chart is speaking loud and clear smart money is positioning, and it’s not on the bullish side, Even more importantly, #OKB swept the upper trigger line of buying climax. The price action on higher time frames shows a clear bearish structure there is a major probability for the downside move.
💎#OKB respected the descending resistance and failed to break above it, which confirms ongoing weakness. #OKB momentum has now clearly shifted to the downside and mitigate the fair value gap, as long momentum sustained within the supply zone, we can expect a further move down toward the minor support level of 109.
💎#OKB swept the upper trigger line liquidity of the buying climax, strongly suggesting that institutional players are offloading and preparing for more downside move according to volume spread analysis (VSA).
💎#OKB swept buy side liquidity with upthrust test which confirmed the weakness, if momentum holds, the next major target sits around 106 that could be tested soon.
💎If #OKB manages to break above the key resistance at 120.6 with a strong momentum candle, this whole bearish probability would be invalidated, and we could instead see a bullish continuation. As always, we let price confirm our bias.
Discipline is key, Paradisers! The charts may look volatile, but this is where professionals thrive and amateurs panic. Don’t let emotions guide your trades. Wait for clear confirmation and manage risk like a pro. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴