【$OXT Signal】Pullback Long + 1H Level Strong Support Confirmed

$OXT The 1H level is undergoing healthy pullback consolidation after experiencing massive upside momentum, with price stabilizing above key EMA support. The 4H level saw an epic bullish candle that completely reversed the downtrend. The current pullback has not broken below previous support, indicating strong consolidation—an excellent opportunity for a second entry.

🎯 Direction: Long

⚡ Entry/Pending Order: 0.01736 - 0.01781

🛑 Stop Loss: 0.01710

🚀 Target 1: 0.02065

🚀 Target 2: 0.02207

🛡 ️Trade Management:

- Execution Strategy: Take 50% profit at Target 1 and move stop loss to entry price. Trail remaining position using 1H EMA20 as stop loss to capture larger moves.

Deep Logic: Over the past few hours, open interest has remained stable despite violent price fluctuations, indicating this is not pure bearish liquidation but rather new capital inflow. The 1-hour RSI has healthily retreated from overbought levels to neutral territory, building momentum for the next upside. Order book shows massive buy-side orders stacking below 0.0187 with solid support. Combined with the extreme negative funding rate of -1.27%, this forms a classic "short squeeze setup" where short positions carry extremely high costs, making any upside movement potentially trigger cascading liquidations.

Check Live Chart 👇 $OXT

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