OBOLUSDT SPOT
Long

OBOL/USDT – Bullish Breakout with Retest in Play

63
OBOL/USDT

Analysis Summary:

The chart shows a potential breakout from a horizontal consolidation range after a period of accumulation. A range breakout is highlighted, with a projected target based on the height of the range.

Key points:

Price is currently retesting the breakout zone, a common bullish confirmation.

Moving averages are converging, signaling a possible trend shift upward.

The measured move projection suggests a potential target around $0.28–$0.30.

TP: 0.30 USD

Conclusion:
Technical structure indicates a bullish continuation is likely, provided price holds above the key support zone at $0.135–$0.14. Retest and hold could confirm further upside momentum.

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