🚨 $OM /USDT ALERT: Testing Key Support Zone! 🚨

On the 15-minute chart, OM/USDT has shown significant downward momentum, dropping sharply to its current price level of 1.3612, reflecting a substantial decline of 14.52% in the past 24 hours. The coin is approaching its recent 24-hour low at 1.3600, signaling that it’s nearing a critical support level. This price action could suggest a potential for further decline if the support doesn’t hold, or a rebound if buyers step in at this level.

Current Price: 1.3612

Entry Price for Trades: Consider entry near 1.3610 if support holds

💡 Critical Levels to Watch:

Resistance: 1.4408 – A breakout above this level would be necessary to shift momentum back toward the bulls.

Support: 1.3600 – This is a crucial support level; a breakdown here may lead to accelerated selling pressure.

🎯 Take-Profit Targets:

1. TP1: 1.3974 – Close to the immediate resistance; a short-term target if a bounce occurs.

2. TP2: 1.4408 – Key resistance level; a breakout here could fuel further upward momentum.

3. TP3: 1.4782 – A higher target aligned with recent swing highs, offering substantial upside if momentum shifts.

🔻 Stop Loss: Set at 1.3540 to limit downside risk if the support level breaks decisively.

⚠️ Cautionary Note: OM/USDT is at a critical juncture. If the 1.3600 support fails, traders should watch for potential increased volatility, as a drop below this could trigger further declines. Conversely, a bounce from this level might present a short-term rally opportunity. Watch closely for stability signs or any breakout signals.

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