Technical Analysis & Trade Signals for $OM

/USDT:

Current Price: $3.8083 (+4.68%)

Trend Analysis:

Short-term Momentum: Positive with a +0.94% change over the past 7 days.

Medium-term Trend (30 days): +7.92%, showing a steady increase.

Long-term Trend (1 year): +6543.46%, indicating strong bullish momentum.

Indicators:

24h High: $3.9484

24h Low: $3.6300

Volume (OM): 5.21M

Volume (USDT): 20.00M

Moving Averages (MA): Bullish in the short term.

Bollinger Bands (BOLL): Price nearing upper band; caution for potential reversal.

MACD: Positive, showing upward momentum.

SAR: Bullish signal with a slight upward trend.

Trade Signals:

Target 1 (Immediate): $3.85 (watch for resistance level).

Target 2 (Short-term): $3.95 (potential breakout level).

Target 3 (Long-term): $4.20 (resistance zone; high target).

Trade Momentum:

Current market momentum is positive, with continued upward movement expected in the short term. A pullback could happen at resistance levels around $3.95, but the overall trend remains bullish. Monitor for breakout confirmation for further upside potential.

Actionable Strategy: Consider entering on a pullback near $3.75 with targets at $3.85 and $3.95. Set stop loss near $3.65 to minimize risk.

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