Technical analysis by TheSignalyst about Symbol OKB: Buy recommendation (22 hour ago)

TheSignalyst
OKB - Are Bulls About to Flip the Script?

📉After a prolonged corrective phase, OKB is starting to show early signs of structural stabilization. Price has respected the major demand zone, where selling pressure slowed down and downside momentum clearly weakened. ⚔️What stands out now is the tight consolidation above demand, combined with a gradual reclaim of higher levels. This type of behavior often signals a shift from distribution to accumulation, especially after a long bearish channel. 📍The key focus is the orange resistance band. A clean break and hold above this area would be a strong confirmation that bulls are taking control, opening the door for a larger recovery move toward the upper bounds of the broader structure.🏹 Until that breakout happens, patience is key. Let price prove strength before committing aggressively. But structurally, this is one of those zones where risk starts favoring the upside, not the downside. Is this the quiet phase before expansion? 🤔 ⚠️ 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