$OXT - Imminent Bullish Breakout 🚀

Showed a strong rebound from the $0.0545 area, forming higher lows on the hourly and four-hour charts - a classic bullish structure.

The price is currently pressing against the $0.0572 level, indicating a continuation of the upward movement if supported by trading volume.

The Relative Strength Index is trending upwards without being in overbought territory, and the price is approaching a potential breakout above the $0.0590 level.

If this level is broken with a strong candle close, bulls may target their previous highs.

Key Levels:

Resistance:

$0.0590 - Near-term resistance

$0.0610 - Major breakout level

Support:

$0.0560 - Major support

$0.0545 - Strong demand area

📈 Trading Setup: Long-term entry

Entry Price: $0.0572-$0.0575

Take Profit :

1: $0.0595

2: $0.0610

Stop Loss (SL): $0.0555

Risk-to-Reward Ratio: ~2.0:1

Breakout above $0.0590 may accelerate the move towards $0.0610 or higher

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