$OXT /USDT Immediate Buy Alert‼️‼️‼️‼️

Current Price: $0.840

Direction: Long + spot buy

Entry Point: $0.840 (current price)

Stop Loss: $0.820 (approximately 2.4% below entry to manage risk)

Take Profit: $0.880 (near resistance, approximately 4.8% gain)

Technical Analysis:

1. Daily Chart:

- The price has risen for three consecutive days, signaling strong bullish momentum.

- The overall trend is upward, with support forming around $0.820.

2. 15-Minute Chart:

- A clear double bottom pattern has formed, indicating a strong reversal signal.

- RSI is moving upward from neutral levels, suggesting increasing buying strength.

- The 9-EMA has crossed above the 21-EMA, confirming bullish momentum on the shorter timeframe.

3. Volume:

- Increasing buying volume supports the validity of the double bottom formation.

Long Setup:

- Reason: The combination of the double bottom on the 15-minute chart and the bullish daily trend indicates strong potential for further upside.

Alternative Short Signal (if invalidated):

- Entry Point: $0.830 (if price falls below the double bottom support).

- Stop Loss: $0.845 (above the breakdown level).

- Take Profit: $0.800 (testing the next significant support).

- Reason: A breakdown below the $0.830 support would invalidate the bullish setup and suggest a possible trend reversal.

Risk Management:

- Use no more than 2% of your account balance per trade.

- Monitor key levels closely, particularly the $0.830 support and $0.880 resistance zones.

Signal Validity: Until the price moves significantly away from $0.840 or the trend direction changes.