OKB Fractal: Weak Bounce
2024-10-06

— After a peak in December 2021, OKBUSDT started to move lower. There was a bounce between and February and March 2022. This ended up being a weak bounce and one final drop was needed before the project started to grow again. We are seeing a similar situation today.

— After a peak in March 2024, OKBUSDT starts to move lower. There was a bounce between August and September 2024, all was looking good until this week when the action turned full red. The bounce lacks volume and seems weak. There can be one final drop before the project starts to recover and sees growth long-term.

Namaste.