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OKB/USDT Analysis $OKB
This chart showcases a bullish continuation following a massive price spike.
Technical Pattern: After the vertical surge, the price has entered a Rising Channel (or Bull Flag). The current price action is hugging the lower trendline of this channel.
Entry Logic:
The trade is positioned at the lower boundary of the channel (approx. $99.00), anticipating a bounce to continue the upward momentum.
Target:
The green zone points toward the $107.47 level, aiming to reclaim the upper boundary of the channel and move toward the BSL (Buy-Side Liquidity) zone marked in red near $111.00.
Risk Management:
The Stop Loss is set at $91.14, which sits below the consolidation base, ensuring the trade is invalidated if the bullish structure breaks.