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Hxlaw
Hxlaw
$OL OLUSDT is showing a strong recovery signal on the 1-h frame. After a prolonged period of decline to the bottom of 0.007523, the price rebounded sharply with a large green candle, breaking many short-term MA lines (MA5: 0.008070, MA10: 0.008003). Currently, the price is testing the resistance area of 0.008420 (24-hour peak). The trading volume increased significantly in the up session, indicating that the buying force is dominating. Longer MA lines (MA20, MA60) are still pointing down but the gap is narrowing rapidly. Recommended purchase points: • Buy now or wait for a pullback to the area of 0.008000 - 0.007950 (strong support). • Take profit: 0.008800 - 0.009200 (short-term target). • Stop loss: 0.007650 (nearest bottom). Overall, with the current increase and support volume, OLUSDT has the prospect of continuing to recover in the short term.

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