1d ago
$OL 1h Eyes Pullback and Resistance Test
The short-term momentum leans bearish despite fleeting bullish hints, setting the stage for another potential down leg.
Price is expected to revisit support between 0.01887 and 0.01838 if resistance around 0.01995–0.02016 holds firm. A bearish rejection near that resistance could trigger a decline toward the demand zone. Alternatively, a swift bounce off 0.01838 may offer a quick long scalp targeting the resistance area, but confirmation is key before considering longs. The bias remains bearish unless price convincingly breaks and closes above 0.02016 with strong momentum. This analysis is trimmed. To see the full version with TP/SL/entry ladder and more depth, go through the Finora Telegram bot below.
⚠️ This is an AI analysis and not financial advice.
🧬 Want deeper analysis? Get Finora AI's full breakdown on any crypto pair! The bot analyzes patterns, key levels, and market structure in seconds.
Try it now for free 👇
1.36K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.