OKB Nears $100 Resistance as Trading Volume Surges

OKB's recent price surge has reached a critical juncture as it nears the $100 resistance level. The token has seen a significant increase in trading volume, with daily trades reaching $45.14 million after a 63% rise.

This surge in volume has been accompanied by increased network activity, with Active Addresses climbing to 103, their highest level this month. This suggests that OKB's breakout setup is gaining momentum, with buyers absorbing available selling pressure.

The token's medium-term structure remains bullish, as it trades above its 20-day, 50-day, 100-day, and 200-day EMAs. However, the Stochastic RSI has risen to elevated levels, indicating a possible short-term consolidation phase before a potential breakout.