$OXT is going through a healthy correction after the recent bullish move. Corrections like this are necessary—they flush out weak hands and allow the market to consolidate before the next leg higher. I’m watching this level closely because it could mark a strong long entry.
Trade Setup:
Entry Zone: $0.0271–$0.0273
Target 1: $0.0276
Target 2: $0.0280
Stop Loss: $0.0270
This zone is strong because it coincides with previous support and reaction areas where buyers stepped in before. It also aligns with the 0.382 Fibonacci retracement of the last swing, giving extra confidence that this level could hold.
I’m seeing accumulation quietly building—they’re strengthening this zone. If this level holds, we could see a smooth continuation toward the targets, making it a high-probability long opportunity. Patience and discipline are key.
