【$OXT Signal】Pullback Long + Retest Confirmation After 1H Strong Breakout

$OXT just experienced massive upward momentum at the 1H level, with price violently rallying from near 0.0173 to 0.0209, currently consolidating at high levels with diminishing volume. The 4H level has broken through the previous oscillation platform, forming a bullish structure, but the short-term rally is excessive and requires a healthy retest. Currently, the 1-hour chart price is finding initial support near the EMA20 moving average, which is a standard retest movement in a strong uptrend.

🎯 Direction: Long (Pullback Long)

⚡ Entry/Pending Order: 0.01736 - 0.01781 range, accumulate in batches

🛑 Stop Loss: 0.01710

🚀 Target 1: 0.02065

🚀 Target 2: 0.02207

🛡 ️Trade Management:

- Execution Strategy: Accumulate positions in batches within the suggested range. When price reaches the first target of 0.02065, reduce position by 50% and immediately move stop loss to entry price. With remaining position, target the second objective. If price retests and breaks below the adjusted stop loss, exit all positions and lock in profits.

Deep Logic: A massive bullish candle appeared on the 4-hour level with stable open interest, indicating the rise is not purely short squeezing but new capital entering. Although current buy-side depth is relatively thin, the 0.0186-0.0187 area below has dense pending orders forming strong support. The 1-hour RSI has retreated from overbought territory to healthy levels, accumulating strength for another rally. Combined with deeply negative funding rates, there is potential for short squeezing with clear intention of main players to support the market. The core of the current strategy is to wait for the market to offer a better entry price rather than chasing highs.

View Real-time Chart 👇 $OXT

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