$OXT /USDT Analysis (1H Chart)
Pattern Insight:
The 1H chart shows a sharp downtrend, followed by a recovery with strong green candles. A potential double-bottom pattern is forming, signaling bullish momentum.
Suggested Long Entry:
🔑 Entry: $0.115
🎯 Target 1: $0.120
🎯 Target 2: $0.125
🛑 Stop Loss: $0.110
Market Outlook:
The double-bottom pattern indicates a possible bullish breakout if $0.115 holds as support. For confirmation, monitor trading volume closely to validate the upward momentum. If $0.115 is rejected, expect a retest at $0.110 before any significant move.
Stay disciplined and manage risks effectively to capitalize on the momentum.
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