Technical analysis by buster84 about Symbol OAX: Buy recommendation (11/20/2024)
buster84

Here is a coin that ive been eye'ing for a while. Has a max of 100m supply (Circulating supply77.03M) and its sitting at $0.1550 which is far below many other coins with that limitied supply. The 50day ema is about to cross the 200 day ema on the daily creating a golden cross. This is a big bullish signal. The coin may not reach $1, but at the very least it could easily double in price netting 100% profit by hitting $0.31. The coins all time high was $2.92 according to coinmarketcap so a squeeze could do wonders for this coin.My stop loss got hit right below my buy in. Apparently Binancee is delisting this coin. I still see possibility of a rebound, but the risk is 100x more. So if you get back in becareful. binance.com/en/support/announcement/binance-will-delist-gft-iris-key-oax-ren-on-2024-12-10-131b75b63a71490393034f36de70c92c