$OOKI $OOKI
Based on the OOKI/USDT chart, the following analysis can be drawn:
1. Current Price: OOKI is trading at $0.000816, with a sharp decline of -39.82%.
2. Moving Averages (MA): The short-term MA(7) is at 0.000767, and the MA(25) is at 0.000755, both below the price, indicating a potential short-term upward momentum.
3. Resistance Level: Around 0.001137, based on recent highs.
4. Support Level: 0.000732 (previous low).
5. Long Entry Point: A breakout above 0.000900, targeting 0.001137 resistance.
6. Short Entry Point: If the price drops below 0.000730, a short trade could target 0.000650.
7. Stop Loss (Long): Place a stop loss at 0.000750 to manage downside risk.
8. Stop Loss (Short): Place a stop loss at 0.000800 for short trades.
9. Risk Alert: OOKI/USDT is scheduled for delisting on 2024-11-06, increasing the trading risk.
10. Volume: Significant volume surge suggests increased market activity, possibly from short-sellers or traders exiting positions.
Trade cautiously due to the impending delisting.
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