A $$AEON print is clearly trending upward, while keeping both the 4-hour and daily charts on a healthy structure. 📈
Instead of following the move, I see the major pullbacks as potential opportunities to join.
At the same time, the $OKB shares have risen to around 42 million, with the amount held continuing to increase.
The buy-to-sell ratio is now about 0.96, indicating that short positions have started to accumulate.
Interestingly, this could be a positive catalyst. The largest sell position means more potential fuel for short pressure if the price starts rising.
If momentum continues, the next main target could be a breakout above $0.10, which may trigger another leg up.
The uptrend is intact + long positions = a potential squeeze setup. 🚀
Instead of following the move, I see the major pullbacks as potential opportunities to join.
At the same time, the $OKB shares have risen to around 42 million, with the amount held continuing to increase.
The buy-to-sell ratio is now about 0.96, indicating that short positions have started to accumulate.
Interestingly, this could be a positive catalyst. The largest sell position means more potential fuel for short pressure if the price starts rising.
If momentum continues, the next main target could be a breakout above $0.10, which may trigger another leg up.
The uptrend is intact + long positions = a potential squeeze setup. 🚀