🚀 $OAX
/USDT Technical Analysis: Targets in Sight! 🎯
OAX/USDT is currently trading at $0.0768, showing a sharp decline of -17.42% over the past 24 hours. Here's a detailed breakdown for traders looking to capitalize on the market movement:
Key Levels to Watch
1️⃣ Resistance Zone: $0.0820 - $0.0845
If the price retraces upward, this range serves as a key resistance. Breaking this level could signal a reversal towards higher targets.
2️⃣ Target 1 – $0.0900
A potential recovery to this psychological level is possible if bullish momentum builds, supported by volume.
3️⃣ Target 2 – $0.0940
This aligns with yesterday’s high, serving as a strong resistance. Breaking it could confirm a bullish trend.
4️⃣ Target 3 – $0.1000
A psychological barrier and a critical level for buyers. Success here could pave the way for sustained growth.
Bearish Scenario
If the price continues its downward trajectory:
Watch the $0.0736 support (24h low). A breakdown here could lead to further dips toward $0.0700.
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