$OAX /USDT Market Update: Key Levels and Price Action đŻâĄ
$OAX /USDT is experiencing a volatile session, currently trading at 0.1554 USDT, reflecting a decline of 18.12% over the past 24 hours. The token hit a high of 0.1926 and found a low at 0.1466, with significant fluctuations in between. With 24-hour trading volume reaching 79.61 million $OAX and 13.12 million USDT, market activity remains strong despite the correction.
Moving Average Insights
MA(7): 0.1510 â Short-term average hints at potential recovery.
MA(25): 0.1559 â Mid-term momentum aligns with current price levels.
MA(99): 0.1413 â Long-term trend indicates support around this level.
The chart shows a recent high of 0.1930, followed by a retracement. OAX is now consolidating, and the short-term moving average suggests the possibility of a bounce. However, traders should stay alert for key resistance and support levels to plan their next moves.
đŻ Key Targets to Watch
1. Target 1: 0.1650 â A short-term resistance level; breaking this could signal a quick rebound.
2. Target 2: 0.1800 â A mid-level resistance point; if breached, further upside potential may develop.
3. Target 3: 0.2000 â A psychological target; if achieved, it would mark a full recovery from recent losses.
Traders should keep an eye on support near 0.1466 to avoid further downside risks. Watch for changes in volume as a sign of momentum shifts, especially if buyers re-enter the market.
This setup presents opportunities for both quick trades and longer-term positioning, depending on how the price behaves at these critical levels. Stay tuned for further developments as OAX navigates this volatile period! #MemeCoinTrending #10MTradersLeague #USRateCutExpected #Crypto_JobsđŻ #TradingMadeEasy