$OM /USDT: BREAKOUT IMMINENT – VOLATILITY AHEAD!
$OM /USDT is trading at $3.9040, showing a slight uptick of +0.98% after bouncing from its 24-hour low of $3.7968. The price is consolidating within a narrow range, hinting at a potential breakout.
Key Levels to Watch
Resistance 1: $3.9634 – A breakout here could spark bullish momentum.
Resistance 2: $4.1000 – A key level to confirm the next leg upward.
Resistance 3: $4.2500 – A major zone for sustained bullish trends.
Support: $3.8000 – Crucial for maintaining stability; a break below could lead to further downside.
Trade Setup
If OM breaks above $3.9634, long entries can target $4.1000 and $4.2500. However, failure to hold above $3.8000 may push the price toward $3.7000.
With MACD turning positive and RSI showing moderate strength, momentum is building. Watch for volume spikes to confirm the breakout direction.