The crypto market is rising against the trend despite being weak! Technical analysis and key price levels for AB, OKB, and POL.

Against the backdrop of a generally weak trend in the crypto assets market, AB, OKB, and POL have emerged as the best-performing alts in the past 24 hours. However, despite the impressive short-term performance, the technical charts indicate a mixed outlook for the three—some still have room to pump, while others face the risk of a breakdown in their patterns.

AB: After five consecutive pumps, there is still potential for further gains

(Source: Trading View)

AB broke through the 100-day EMA ($0.009504) resistance level after a consecutive five bullish candles, ending a prolonged consolidation.

Upward target: $0.010285 (June 25 high), if broken, is expected to hit $0.010983.

Momentum Indicators: RSI is at 77, in the overbought zone but showing a steady trend; MACD is on an upward trend, with the green histogram continuously increasing.

Risk level: If it falls below 0.009504 USD, it may retest the support at 0.009076 USD.

Analysis: Short-term momentum is strong, but the high RSI indicates that a technical correction could occur at any time.

OKB: Bullish and Bearish Tug-of-War Under Ascending Wedge

(Source: Trading View)

OKB has continued to rise since the big pump last Wednesday, currently trading around 120 dollars, but the 4-hour chart indicates that it is in an ascending wedge pattern, which is a potential bearish signal.

Downside risk: If it breaks below the support trend line, it may retest 108 dollars and 88 dollars.

Momentum Indicators: MACD is in free fall, with the red histogram widening; RSI is weakening at the edge of overbought.

Upside potential: If it breaks through $126, it may challenge the historical high of $142 and is expected to hit the psychological barrier of $150.

Analysis: Short-term needs to guard against pattern breakdowns, but if it breaks through the upper edge, it will open a new round of price discovery.

POL: Challenge 200-Day EMA Key Resistance

(Source: Trading View)

POL has rebounded for the fourth consecutive day, currently approaching the 200-day EMA (0.2620 USD), while also nearing the 0.2800 USD supply zone and the 38.2% Fibonacci retracement level (0.2822 USD).

Upward target: If it breaks through 0.2822 USD, or tests the 50% retracement level of 0.3417 USD.

Momentum Indicator: RSI stabilizes at 63, MACD is very close to the signal line, momentum is neutral.

Risk level: If the 200-day EMA is resisted, it may fall back to the 23.6% retracement level of 0.2227 USD.

Analysis: Bulls need to break through double resistance to open up more space; otherwise, they may return to the consolidation range.

Conclusion

In the context of a generally weak market, AB, OKB, and POL have demonstrated different technical characteristics:

AB: After breaking through the consolidation zone, momentum is strong, but we need to guard against a high-level pullback.

OKB: The ascending wedge conceals risks, with only a line separating the breakthrough from the breakdown.

POL: Challenging the long-term moving average and Fibonacci resistance, the outcome hinges on this battle.

Investors should pay attention to key support and resistance levels when chasing pumps, and focus on changes in trading volume and momentum to determine the continuation of the trend.