Accumulation Phase Near All-Time Lows

Analysis: $OBOL’s recent drop to $0.276294 (24-hour low on May 8, 2025) places it near its all-time low of $0.284628, suggesting a possible accumulation zone for long-term buyers. The Bollinger Bands show the price hugging the lower band, often a precursor to a bounce in low-liquidity assets. Open interest on exchanges like Binance indicates short positions may be overextended, increasing the likelihood of a short squeeze if positive catalysts (e.g., Obol Collective ecosystem updates) emerge. A breakout above $0.31 could target $0.44, a major resistance level. Entry: $0.29–$0.30. Stop Loss: $0.275. Take Profit: $0.35, $0.44.