OM night market analysis: 3.5154 USD key breakthrough point, short-term operation strategy fully exposed!
At present, the real-time price of OM is 3.5154 USD. After a period of shock consolidation, the current price is facing a key technical point. The night market is highly volatile. If the current resistance is broken, OM may have new upward momentum. Short-term traders need to seize this volatility and formulate precise contract strategies.
Technical analysis and key points
OM is currently supported near 3.5000 USD, while 3.5500 USD is a strong resistance level in the short term. If this resistance is broken, the price may rise further to 3.6000 USD. On the contrary, if it fails to break through, the price may pull back to the support area of 3.4500 USD or even 3.4000 USD.
Resistance level: $3.5500, $3.6000 Support level: $3.5000, $3.4500
Short-term contract strategy
Long strategy:
Entry point: If the price pulls back to $3.5000 and stabilizes, you can choose to go long.
Stop loss point: The stop loss is recommended to be set at $3.4500 to prevent the price from falling further. Target price: The target is $3.5500, and it can be further seen at $3.6000 after breaking through. Leverage recommendation: It is recommended to use 3x leverage to increase the profit space and reasonably control the risk.
Short strategy:
Entry point: If the price fails to break through $3.5500 and a pullback signal appears, you can short near this point.
Stop loss point: The stop loss is recommended to be set at $3.5600 to prevent the upward risk after the breakthrough.
Target price: The target is $3.5000, and if it continues to fall, it can be seen to $3.4500.
Leverage recommendation: It is recommended to use 2x leverage to ensure stable operation and reduce risks.
Summary
OM is currently at a critical point in the long-short game. Short-term traders should pay close attention to the performance of support and resistance. When going long, you need to confirm that the support level is valid. When going short, you need to wait for the callback signal after the resistance level fails to break through. The night market is highly volatile. Reasonable use of leverage and setting strict stop loss are the keys to successful operations. $OM