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$OXT JUST WENT PARABOLIC!


This one exploded from 0.00945 to 0.01627 — a 72% move in 24 hours. The RSI is screaming at 89, which is extremely overbought. When RSI gets this high, it usually means the buying pressure is exhausted and sellers are about to step in. The 4-hour chart shows a massive green candle, but these kinds of moves are rarely sustainable. Volume is starting to fade, which tells me the momentum is slowing down. This level has historically rejected price in the past. If sellers step in, the next areas to watch are 0.0152 and 0.0140.

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