Analysis: After breaking $0.29161, $OBOL may attempt a pullback to this level, now acting as resistance. The 4-hour chart shows high-volume bearish candles, and open interest suggests short positions are accumulating. A rejection at $0.295–$0.30 with volume >150M could confirm the short setup, targeting $0.235. Entry: $0.295 (on retest). Stop Loss: $0.315. Take Profit: $0.235, $0.215.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.