OFC | Shockwave Reversal Channel | $0.0517 Market Read OFC is trading inside a shockwave reversal channel where suppressed volatility can flip into a strong directional burst once buyers reclaim control. Channel Coordinates 🟢 Absorption zone: 0.0504 - 0.0498 🛡 Base defense: 0.0486 🔴 Shockwave trigger: 0.0531 🎯 Upside targets: 0.0552 / 0.0581 / 0.0614 Structure Signal Price is curling from support while supply tests are getting weaker. Often a precursor to reversal expansion. Bull Scenario If 0.0531 breaks: First wave toward 0.0552 Continuation into 0.0581 Momentum extension may reach 0.0614 Risk Scenario If 0.0504 fails: Pullback toward 0.0498 likely Lose 0.0486, rebound thesis weakens Momentum Pulse RSI recovering from neutral zone MACD showing early positive turn Volume hints quiet absorption Execution Plan Absorption entry: around 0.0504 Breakout entry: above 0.0531 Invalidation: below 0.0486 Bias Score: 7.7/10 Bullish OFC looks like a shockwave reversal candidate. 0.0531 is the ignition level. Break it and upside could expand quickly. $OFC