$OXT has experienced a slight decline of 3.091% in the past 24 hours.
The price has fluctuated between a high of 0.0648 and a low of 0.0614, indicating uncertainty.
Bollinger Bands suggest increased volatility, with the upper band at 0.0629 and the lower at 0.0613.
Current support is at 0.0614, while resistance sits at 0.0633, hinting at potential rebound opportunities.
The overall market trend remains bearish, influenced by macroeconomic factors like inflation concerns.
Bitcoin's influence appears neutral, suggesting OXT's movements are more isolated at this point.
Traders may consider a short-term strategy given the current volatility and downtrend.
Key takeaway: Watch for consolidation around the support level; a clear break could signal further declines.
