Zooming out on the macro perspective: The price is consolidating within the 0.618 and 0.786 logarithmic Fibonacci retracement levels. This range marks a critical consolidation zone that could signal the next directional move.
Narrowing down to the weekly timeframe: We're caught between two key pressure points—the 100-week Simple Moving Average providing support from below, while the Kijun line coupled with the Ichimoku cloud resistance sits overhead. This squeeze typically precedes a breakout.
The interplay between these Fibonacci levels and moving averages suggests OSCR is in a bottleneck phase. Watch for a break above or below this range to confirm the next impulse move. Keep an eye on volume to validate any breakout attempt.
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DiamondHands
· 6h ago
This situation is quite pressured, stuck between two Fibonacci levels and unable to move. A breakout still depends on trading volume.
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PumpDetector
· 6h ago
nah the classic squeeze play... seen this before 2017. volume's gonna be the tell here
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DegenWhisperer
· 6h ago
It's the same old Fibonacci, moving averages... let's wait for the volume confirmation, otherwise it's all meaningless.
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BearMarketSurvivor
· 6h ago
After such a long consolidation, I'm just worried that when a breakout occurs, there won't be enough trading volume to support it—that would be a real trap.
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ser_ngmi
· 6h ago
It's the same Fibonacci, cloud charts, and moving averages again. We've been talking about it for a while, but are we waiting for a breakout? Still hanging in suspense.
OSCR Technical Breakdown
Zooming out on the macro perspective: The price is consolidating within the 0.618 and 0.786 logarithmic Fibonacci retracement levels. This range marks a critical consolidation zone that could signal the next directional move.
Narrowing down to the weekly timeframe: We're caught between two key pressure points—the 100-week Simple Moving Average providing support from below, while the Kijun line coupled with the Ichimoku cloud resistance sits overhead. This squeeze typically precedes a breakout.
The interplay between these Fibonacci levels and moving averages suggests OSCR is in a bottleneck phase. Watch for a break above or below this range to confirm the next impulse move. Keep an eye on volume to validate any breakout attempt.