📌 Overview
OXT/USDT is currently at a critical stage on the weekly chart, consolidating within the strong demand zone at 0.0465–0.0650 (yellow box) that has been tested multiple times since mid-2023. This area acts as the last line of defense for buyers before price enters uncharted multi-year lows. The macro structure remains in a long-term downtrend since the 2021 peak, but the base formation in this low zone opens up a significant opportunity for a medium-term relief rally if a breakout is confirmed.
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1. Key Technical Levels
Main Support / Demand Zone (yellow box): 0.0465 – 0.0650
→ This is the “floor” that has been holding price for nearly two years.
Minor Support: 0.0500 (psychological & repeated reaction level)
Layered Resistance Levels:
0.0731 → 0.1078 → 0.1555 → 0.2275 → 0.3208 → 0.4268 → 0.6620 → 0.8305
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2. Structure & Patterns
Macro Trend: A sequence of lower highs since 2021 → indicating the primary trend is still bearish.
Potential Pattern:
Base / Accumulation Range near multi-year lows → resembles an early rounding bottom, but not confirmed yet.
Possible spring pattern: brief drop below main support followed by a sharp reclaim.
Volume (not shown here): Often decreases near the bottom range, signaling sellers may be losing strength.
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3. Bullish Scenario (Relief Rally Potential)
💡 Conservative confirmation:
Break & weekly close above 0.0731.
Step-by-step targets: 0.1078 → 0.1555 → 0.2275.
0.1078 is the key breakout pivot; clearing it could trigger large-scale short covering.
⚡ Aggressive setup:
False breakdown below 0.0465 (spring) followed by a quick weekly close back above 0.050–0.055.
Initial target: 0.0650, then 0.0731 if momentum continues.
Best suited for swing traders aiming for high risk/reward.
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4. Bearish Scenario (Trend Continuation)
Clean weekly close below 0.0465 + failed retest (0.0465 turning into resistance).
Downside targets: 0.0400 then 0.0320.
Failure to break 0.0731 and forming another lower high would also indicate sellers remain in control.
---
5. Strategic Notes
The 0.0465–0.0650 zone is the final battleground between long-term buyers and sellers controlling the macro trend.
Patience is required on this 1W timeframe; valid breakouts may take several weekly candles to confirm.
Aggressive traders may consider entries within the yellow box with tight stops below 0.0465, while conservative traders can wait for a confirmed breakout above key resistance.
---
6. Key Takeaway
As long as price holds inside or above the yellow box, relief rally potential remains alive.
Breaking 0.0731 will be the first major signal of sentiment shift.
A breakdown below 0.0465 opens a new chapter in the long-term downtrend.
#OXT #OXTUSDT #OrchidProtocol #CryptoAnalysis #PriceAction #WeeklyChart #SwingTrade #SupportResistance #BreakoutSetup #CryptoTrading
OXT/USDT is currently at a critical stage on the weekly chart, consolidating within the strong demand zone at 0.0465–0.0650 (yellow box) that has been tested multiple times since mid-2023. This area acts as the last line of defense for buyers before price enters uncharted multi-year lows. The macro structure remains in a long-term downtrend since the 2021 peak, but the base formation in this low zone opens up a significant opportunity for a medium-term relief rally if a breakout is confirmed.
---
1. Key Technical Levels
Main Support / Demand Zone (yellow box): 0.0465 – 0.0650
→ This is the “floor” that has been holding price for nearly two years.
Minor Support: 0.0500 (psychological & repeated reaction level)
Layered Resistance Levels:
0.0731 → 0.1078 → 0.1555 → 0.2275 → 0.3208 → 0.4268 → 0.6620 → 0.8305
---
2. Structure & Patterns
Macro Trend: A sequence of lower highs since 2021 → indicating the primary trend is still bearish.
Potential Pattern:
Base / Accumulation Range near multi-year lows → resembles an early rounding bottom, but not confirmed yet.
Possible spring pattern: brief drop below main support followed by a sharp reclaim.
Volume (not shown here): Often decreases near the bottom range, signaling sellers may be losing strength.
---
3. Bullish Scenario (Relief Rally Potential)
💡 Conservative confirmation:
Break & weekly close above 0.0731.
Step-by-step targets: 0.1078 → 0.1555 → 0.2275.
0.1078 is the key breakout pivot; clearing it could trigger large-scale short covering.
⚡ Aggressive setup:
False breakdown below 0.0465 (spring) followed by a quick weekly close back above 0.050–0.055.
Initial target: 0.0650, then 0.0731 if momentum continues.
Best suited for swing traders aiming for high risk/reward.
---
4. Bearish Scenario (Trend Continuation)
Clean weekly close below 0.0465 + failed retest (0.0465 turning into resistance).
Downside targets: 0.0400 then 0.0320.
Failure to break 0.0731 and forming another lower high would also indicate sellers remain in control.
---
5. Strategic Notes
The 0.0465–0.0650 zone is the final battleground between long-term buyers and sellers controlling the macro trend.
Patience is required on this 1W timeframe; valid breakouts may take several weekly candles to confirm.
Aggressive traders may consider entries within the yellow box with tight stops below 0.0465, while conservative traders can wait for a confirmed breakout above key resistance.
---
6. Key Takeaway
As long as price holds inside or above the yellow box, relief rally potential remains alive.
Breaking 0.0731 will be the first major signal of sentiment shift.
A breakdown below 0.0465 opens a new chapter in the long-term downtrend.
#OXT #OXTUSDT #OrchidProtocol #CryptoAnalysis #PriceAction #WeeklyChart #SwingTrade #SupportResistance #BreakoutSetup #CryptoTrading
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.