Technical Analysis: $OXT
/USDT
Current Price: $0.1131
Price Trend: Bullish (Short-term Uptrend)
RSI: Neutral, hovering around 50, showing no immediate overbought or oversold conditions.
MACD: Positive crossover, signaling upward momentum.
Support Level: $0.1080 (previous low)
Resistance Level: $0.1194 (recent high)
Trade Signal:
Entry Point: $0.1135 - $0.1140 (slight pullback confirmation)
Target Levels:
1. Target 1: $0.1160
2. Target 2: $0.1185
3. Target 3: $0.1200
Trade Momentum:
Uptrend Confirmation: Medium momentum, strong buying volume, supported by recent higher lows and RSI holding steady.
Watch for any price dips near the support zone to enter a buy position.
Stop Loss: $0.1080 (below support)
Conclusion:
The current trade signal is long with a clear bullish momentum. Focus on buying near support levels with price targets for each consecutive resistance level. Ensure you monitor market conditions to adjust the stop-loss.