Another Delisted coin from Binanace 🚨 $OAX Faces Extreme Pressure – Critical Trading Levels Revealed! 🚨
is trading at $0.0861, down 19.31% over the past 24 hours, following its delisting announcement on December 10, 2024. With a 24-hour high of $0.1125 and a low of $0.0844, is teetering near critical support, and traders must act with caution.
💡 Key Levels to Watch:
Resistance: $0.0909 – A break above could trigger a recovery toward $0.1000 or $0.1125 in the short term.
Support: $0.0844 – Losing this level could open doors for further declines to $0.0800 or lower.
📈 Long Entry Strategy:
Enter at $0.0870 if support holds and bullish momentum builds.
Targets: $0.0909, $0.1000, and $0.1125.
Stop Loss: $0.0840 to avoid significant losses.
📉 Short Entry Strategy:
Enter below $0.0840 on confirmation of a breakdown.
Targets: $0.0800, $0.0750, and $0.0700.
Stop Loss: $0.0880 to minimize risk.
⚠️ Market Insight: The sharp downtrend is driven by delisting news, with bearish momentum dominating. Volume is decreasing, signaling potential exhaustion of sellers, but a decisive move could occur near key levels.
Trade cautiously as approaches make-or-break levels. Tight stop losses and disciplined execution are essential in this volatile environment!
#Crypto #OAX #TradingSignals #GODINDataForAI #MarketBuyOrHold?