đ $OAX /USDT on the Rise â Gaining Momentum with 19.70% Surge! âĄ
$OAX is making a significant move, currently trading at $0.1622, with a remarkable 19.70% gain over the last 24 hours. This surge comes with a high of $0.1930 and a low of $0.1347, drawing attention from traders looking to capitalize on this sharp rally.
With the moving averages aligning positively, the 7-period MA at $0.1652 indicates that buyers are in control, while the 25-period and 99-period MAs at $0.1475 and $0.1393, respectively, provide solid support for future price action.
Key Levels to Watch for $OAX /USDT
1. Target 1: $0.1740 â A minor resistance level that could test short-term momentum.
2. Target 2: $0.1930 â The previous high that traders are eyeing for a breakout.
3. Target 3: $0.2100 â If the bullish momentum holds, this target could unlock further gains.
What to Expect
The sudden spike in volume suggests that OAX could be primed for more upside, especially if it sustains its gains above $0.1600. However, some consolidation might occur as traders take profits around the previous high of $0.1930. A sustained breakout beyond this level could trigger the next leg up, driving prices toward the $0.2100 target.
If OAX fails to maintain the current momentum, the next support level to monitor is $0.1521. Traders should stay vigilant and keep an eye on volume trends to spot any sudden shifts in sentiment.
Conclusion
OAX is showing impressive strength, making it one of the top gainers in todayâs market. With strong volume backing this move, it could offer exciting opportunities for both short-term traders and long-term holders. Stay tuned to market developments and manage trades wisely to maximize your gains.
