$OXT
OXT/USDT Trade Guide (1H Timeframe) – Binance
📌 Market Overview:
The price was in a downtrend with a BOS Down, confirming lower lows. However, two BOS Up signals now indicate a bullish reversal. Price recently tested a supply zone (0.0945 - 0.0960 USDT) and is pulling back.
🔹 Key Levels:
Resistance Zone: 0.0945 - 0.0960 USDT (Current rejection area)
Support Zone 1: 0.0875 - 0.0890 USDT (Potential retest area)
Support Zone 2: 0.0800 - 0.0820 USDT (Stronger demand zone)
🔹 Trade Idea 1: Long (Buy) on Retracement
📌 Entry: 0.0875 - 0.0890 USDT
🎯 Target 1: 0.0940 USDT
🎯 Target 2: 0.0960 USDT
🛑 Stop Loss: 0.0850 USDT
📈 RRR: 2:1+
✅ Confluence:
Bullish structure shift (BOS Up)
Previous resistance turning into support
Volume increase on breakout
🔻 Trade Idea 2: Short (Sell) from Resistance
📌 Entry: 0.0945 - 0.0960 USDT
🎯 Target 1: 0.0890 USDT
🎯 Target 2: 0.0820 USDT
🛑 Stop Loss: 0.0970 USDT
📈 RRR: 2:1+
✅ Confluence:
Price rejecting supply zone
Wicks signaling resistance hold
Potential retracement before further bullish move
📊 Final Thoughts:
Bullish bias unless price breaks 0.0850 USDT.
Best buy zone: 0.0875 - 0.0890 USDT.
Risk management: Keep SL tight, risk 1-2% per trade.
🚀 Watch for volume spikes & candlestick confirmation!