๐ Current Price: $0.1353 (Up +54.81% in the last 24 hours)
The OXT/USDT pair has experienced an impressive rally, surging by +54.81% over the past 24 hours. As we dive into the charts, here are the key technical levels and price targets to watch for in the upcoming sessions.
Key Support & Resistance Levels:
1. Support Level:
$0.0839 (24h Low):
This level acted as a solid support, and if OXT retraces, we may see buyers stepping in at this level. Holding above this level is crucial for maintaining the bullish outlook.
2. Resistance Levels:
$0.1580 (24h High):
OXT has recently reached this level, and it now serves as the immediate resistance. A breakout above $0.1580 would pave the way for a continuation of the uptrend.
$0.1616:
A key resistance level that could define the next major leg in the upward movement. If OXT surpasses this level, expect stronger bullish momentum towards the next target.
Price Targets (Short to Medium-Term):
1. Target 1: $0.1580
The first major resistance. If OXT breaks above this level, it could signal more upside potential, with the next target in sight.
2. Target 2: $0.1616
Once the price surpasses $0.1580, the next significant resistance lies at $0.1616. A breakout here could signal a more significant rally toward higher levels.
3. Target 3: $0.17
If the momentum continues, the next major target will be the $0.17 zone. This represents a key psychological level and could attract more buying interest.
Technical Indicators Summary:
EMA (7): $0.1224 โ Short-term trend remains bullish, confirming the price strength.
EMA (25): $0.1200 โ Strong support, signaling the current uptrend is likely to hold.
EMA (99): $0.1037 โ Long-term indicators are bullish, supporting the overall positive trend.
With strong bullish momentum, MACD, Bollinger Bands, and SAR indicators confirm that the market is in a volatile, upward phase. The momentum is likely to continue if the support levels hold.
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