Coin $HOLO collides with strong resistance and enters an area of extreme buy saturation
• Technical trend: A corrective decline is expected (Bearish Correction)
• Monitoring zone: 0.0840 – 0.0880
🎯 Downside price targets:
• TARGET 1: 0.0808
• TARGET 2: 0.0785
• TARGET 3: 0.0759
❌ Scenario invalidation level: A candlestick close above 0.0895 (breakout of the red resistance zone)
💡 Technical rationale: The price reaches the horizontal red resistance range, while the indicator records an extreme buy saturation reading (OB ⚠️) at 92.24, which increases the likelihood of rejection and a price reversal for a choppy corrective wave, following the yellow path shown.
• Technical trend: A corrective decline is expected (Bearish Correction)
• Monitoring zone: 0.0840 – 0.0880
🎯 Downside price targets:
• TARGET 1: 0.0808
• TARGET 2: 0.0785
• TARGET 3: 0.0759
❌ Scenario invalidation level: A candlestick close above 0.0895 (breakout of the red resistance zone)
💡 Technical rationale: The price reaches the horizontal red resistance range, while the indicator records an extreme buy saturation reading (OB ⚠️) at 92.24, which increases the likelihood of rejection and a price reversal for a choppy corrective wave, following the yellow path shown.