🚨 $OAX
PLUMMETS – WHAT'S NEXT? 🚨
$OAX has plunged 14.06%, trading at $0.0807. The coin has been testing lower support zones after failing to sustain a recent high of $0.1116. A critical decision point is approaching, with volatility dominating the market.
Key Levels to Watch:
Resistance: $0.1116 – A recovery above this level could restore bullish momentum, targeting $0.1561.
Support: $0.0721 – Losing this level may expose to a further decline toward $0.0659.
Potential Scenarios:
1. Bullish Rebound: Breaking above $0.1116 could signal a reversal, with potential upside toward $0.1561.
2. Bearish Breakdown: A drop below $0.0721 may lead to increased selling pressure, testing lower levels at $0.0659 or lower.
⚠️ Note: Maintain strict risk management as $OAX trades in a highly volatile range.
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