$OBOL – Bearish Pennant Spotted on the 30 mins Chart

#OBOL is flashing a bearish pennant, which typically signals continuation of a downtrend after a sharp drop.

Key Points 👇

Structure: Tight consolidation after a major dump

Pennant Type: Bearish

Support Zone: Around $0.225–$0.230

Breakdown alert: A strong move below $0.230 could accelerate downside momentum.

Unless bulls reclaim key levels fast, this setup could push price lower. Stay cautious and keep your eyes on volume for confirmation.