OKB Strategy for August 13:
From a technical perspective, although the K-line has formed a bullish engulfing pattern, which is a potential reversal signal, the moving average system remains in a bearish arrangement, and the price is running below the moving averages, indicating an overall weak trend. In addition, the trading volume in the market has drastically shrunk, suggesting that both bulls and bears lack sufficient momentum to push the price beyond the current range.
OKB Trading Recommendation: 46.42±0.1🈳, target to be determined by the individual, strict defensive measures advised. For reference only, subject to the specific market conditions!