Technical Analysis of OAX/USDT – Bullish Momentum & Key Targets 🎯
The OAX/USDT pair has seen impressive growth in recent days, with a notable price surge of +19.58% in the last 24 hours. As of the latest data, OAX is trading at $0.1857, but this coin has potential for further price movement. Let's break down the technical setup and look at key targets for traders.
Current Price Action
Current Price: $0.1857
24h High: $0.2025
24h Low: $0.1469
The price has recently broken out of the lower range and is now testing higher resistance levels. The volume on OAX is solid, with 78.74 million OAX traded in the last 24 hours, showing strong buying interest.
---
Key Technical Levels & Targets 🎯
Target 1: $0.2025 (Resistance Zone)
The immediate resistance is at $0.2025, where OAX previously topped out in the past 24 hours. A successful break above this level could signal a continuation of the bullish trend, potentially pushing the price higher.
Target 2: $0.2150 (Intermediate Resistance)
After breaking through $0.2025, the next logical resistance level is $0.2150. This level aligns with previous price action and could act as an important psychological barrier. Traders should watch for any pullbacks or consolidation around this area.
Target 3: $0.2250 (Higher Target)
If momentum remains strong and the market sentiment is positive, $0.2250 could be the next key target. This level is likely to act as the upper boundary in the current rally and may be tested as the bullish trend continues.
#HaveYouBinanced #USUALonLaunchpool&Pre-Market #PennsylvaniaBitcoinReserve #PEPEATH