$OWL is losing short-term momentum after rejection from the 0.0286 high and is now trading below the mid Bollinger Band on the 15m timeframe. Price is forming lower highs, and the upper band is curving down, signaling weakening bullish pressure. As long as 0.0260–0.0265 acts as resistance, downside risk remains dominant.
Entry (Short): 0.0250 – 0.0255
Target 1: 0.0238
Target 2: 0.0225
Target 3: 0.0208
Outlook: A breakdown below 0.0240 can accelerate selling toward the lower band zone near 0.0230 and possibly deeper into previous consolidation. Reclaiming 0.0265 with strong volume would invalidate the bearish setup. Risk management is key due to intraday volatility.
OWL
Alpha
0.01975
-18.28%