The $OAX /USDT 15-minute chart reflects the current price at 0.1811, showing a positive gain of 12.91%. The price has approached the recent high at 0.1950, which stands as the resistance level that, if surpassed, could pave the way for further upward momentum.
On the downside, the support level is observed at 0.1709, where buyers might step in if there is a pullback.
Traders may consider an entry around the current price of 0.1811 to capture potential upside movements. Profit targets can be set at TP1 of 0.1850, TP2 of 0.1900, and TP3 at 0.1950 for incremental gains.
To manage risk effectively, a stop-loss (SL) placed at 0.1680 is recommended to safeguard against unexpected market declines.
