$OWL
Technical Analysis Update
OWL is currently showcasing aggressive trend behavior following its recent high-impact market debut. On the 1H timeframe, the asset has entered a decisive consolidation phase, compressing within a tightening range that signals a massive breakout risk is imminent. We are observing controlled buying at local support levels as the market absorbs post-airdrop selling pressure.
The current momentum is shifting as OWL stabilizes above its immediate demand zone. A clean flip of the $0.059 resistance into support would confirm the end of the recent pullback and likely catalyze a rapid move toward previous all-time high levels.
Trading Setup
Entry Zone
0.054500 - 0.057500
Targets
TP1: 0.065000
TP2: 0.081000
TP3: 0.093000
Stop-Loss
0.051000
$OWL