#OCB#

Technical analysis of the OCB/USDT currency based on the attached chart
1- Overall price direction:
• The price is going down on the utilized time frame in ( hours ).
• The price decreased by -16.11% and reached 0.000630 USDT.
• Moving averages and indicators indicate weakness in the upward momentum and a lack of strong rebound signals at the moment.
2- Technical Indicators:
• Bollinger Bands Indicator (BOLL):
• Upper limit: 0.000776
• Minimum: 0.000563
The price is close to the lower limit, which may indicate selling, but there is no confirmation of reversal.
• Parabolic SAR indicator:
• Dots appear above the price, indicating a continuation of the downward trend.
• Relative Strength Index (RSI):
• RSI at 41.35 level, indicating weakness in buying power, but has not yet reached the oversold zone.
• Stochastic RSI indicator:
• Movement is seen in the lower regions, there may be an attempt to rebound, but confirmation is required by other indicators.
• OBV indicator (volume flow):
• OBV remains in a downtrend, indicating a decrease in buying volume compared to selling.
3- Entry, exit, and stop-loss points:
✅ Potential entry point:
• Entry is possible when breaking above the level of 0.000650 USDT with high trading volume.
• Or in the case of retesting support at the 0.000556 USDT level with clear signs of reflection.
❌ Stop Loss (Stop Loss) to stop losses.
• It is necessary to set a stop-loss below the level of 0.000540 USDT in case of further decline.
🎯 Price targets (Take Profit):
• First target: 0.000700 USDT
• Second target: 0.000776 USDT ( Upper Bollinger Band)
• Third target: 0.000850 USDT (Upon a strong breakthrough)
4- Hacking Scenario:
• When the price level of 0.000700 USDT is breached with high trading volume, it may be a signal of the start of a short-term uptrend.
• If the level of 0.000556 USDT is broken downwards, there may be a continuation of the decline to levels such as 0.000500 USDT or 0.000450 USDT.
📌 Recommendations:
🔴 Be cautious of entering randomly, as the signals for an upward trend remain weak.
🟢 Waiting for confirmation of the resistance breakout at 0.000650 USDT or a clear rebound from support.
🔄 Capital management with hard stop loss to avoid large risks.
This is not a recommendation to buy or sell, you are responsible