🦉 $OWL is in a clear downtrend — and the chart isn’t hiding it.
From the $0.07+ zone, price has been making lower highs and lower lows consistently.
No fake pumps. No structure flip. Just steady distribution.
📉 –34% move, heavy red candles, and sell volume dominating → momentum is clearly bearish right now.
What I’m noticing 👀
• Strong breakdown from previous support
• Weak bounce attempts getting sold into
• Price hovering near $0.02, a critical psychological zone
• Market cap still low → volatility remains high
🧠 This looks less like panic and more like trend continuation unless buyers step in with real volume.
⚠️ For now, I’m watching $0.02 closely.
Either it acts as a base…
Or it opens the door for further downside.
📌 Not financial advice, just pure price action.
Are you waiting for a reversal signal or staying on the sidelines? 👇