OAXUSDT - BULLISH OUTLOOK

OAXUSDT is presenting a promising technical setup based on a recent price action analysis. On the 1-hour timeframe, bullish divergence on the RSI suggests a potential shift in momentum favoring the bulls. Concurrently, on the 4-hour timeframe, OAXUSDT is observed to be in a bullish trend, marked by a series of higher highs and higher lows. Here's a potential trading opportunity based on this analysis: Entry: Consider entering a long position at $0.1950. Stop Loss (SL): Set the stop loss at $0.1665 to manage potential downside risk. For take-profit (TP) levels, three options are available based on different risk-reward ratios: TP 1:1: = $0.2235 TP 1:2: = $0.2520 TP 1:3: = $0.2805 This trade plan is designed to capitalize on the observed bullish trend and the recent RSI divergence while prudently managing risk through the placement of a stop loss. As always, it's essential to stay informed, monitor the trade closely, and be prepared to adjust your approach based on evolving market conditions