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OXT/USD Analysis: Key Support Level and Strategic Entry at $0.0698

OXT is currently holding around the crucial support level of $0.0698, making this a pivotal zone for traders. If the price stays above this level, it could signal a rebound, with the next resistance at $0.0750 offering potential for upward movement. This area has shown strong buyer interest, which could set the stage for a bullish push.

For traders seeking an entry, buying near $0.0698 with a stop-loss just below $0.0680 could be a sound risk-managed strategy. Should the price break above $0.0750, it may open the door for further gains.

Watch for confirmation from indicators like RSI and MACD, as well as an increase in trading volume, which could signal stronger momentum. This setup presents an attractive opportunity for those looking to capitalize on OXT’s next move.

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