OKB: local squeeze with $108 destination

Wait 5 sec.

OKB: local squeeze with $108 destinationOKB/USDTOKX:OKBUSDT3CommasThe Macro Picture πŸ—ΊοΈ After a deep flush to the $60 macro floor in February and a violent reclaim spike toward $125, OKB has spent nearly three months coiling inside an $80–$92 accumulation box. This kind of prolonged structural reset typically clears out over-leveraged shorts and rebuilds liquidity at both edges of the range β€” a textbook playground for the next directional impulse. Price is now breaking the upper boundary with conviction, and the path of least resistance is opening toward the next macro level. The Setup βš™οΈ The Squeeze: The $80–$92 box compressed volatility for nearly three months while the structure quietly absorbed sell pressure. The latest impulse cleared $92 on expanded range, signaling that bulls are no longer defending β€” they are advancing. The Trigger: The breakout candle pushed price to ~$96 with RSI snapping to the overbought side near 75. As indicated by the white projection, a pullback to retest $92 as the new support flip is the high-confluence continuation scenario. The Support Flip: The former range ceiling at $92 now converts into the immediate defense line. Bulls desperately need this level to hold on the first retest β€” a clean reclaim is what unlocks the path toward the macro ceiling. The Roadmap: Primary target sits at $108 β€” the macro ceiling that has capped every rally since January and the next high-confluence resistance above the box. Invalidation: a sustained 1D close back below $85 would invalidate this bullish thesis and signal the breakout was a trap, dragging price back into the accumulation range.