OM Breakthrough! Breaking the current volatile range, short-term operations take you to new heights!

The current real-time price of OM is $3.6937, and the market is undergoing a period of volatility adjustment, but the overall upward momentum remains strong. As the overall market sentiment turns optimistic, the price of OM is gradually recovering, and a breakthrough may occur in the short term. If the price successfully breaks through the current range high, it may welcome new rising opportunities.

Technical Analysis:

Support Levels: $3.60, $3.50 Resistance Levels: $3.80, $4.00

From a technical perspective, the price of OM is currently forming strong support near $3.60. If the price retraces to this level, the probability of a rebound is high. If the price breaks through $3.80, it may gain greater upward momentum, challenging the high of $4.00. In the short term, the range of $3.80 to $4.00 will be a key level to watch.

The RSI indicator is currently at 58, indicating that the market has not yet entered the overbought range and still has room for upward movement. The MACD indicator shows robust bullish momentum, but a strong upward signal has not yet appeared, so the market may maintain a volatile upward trend in the short term.

Contract Short-term Trading Strategy:

Long Strategy:

Entry Price: $3.6930 (enter near support level during rebound) Take Profit Price: $3.80 (take profit when breaking short-term resistance) Stop Loss Price: $3.60 (stop loss when breaking support)

Short Strategy:

Entry Price: $3.80 (enter when facing resistance and retracing) Take Profit Price: $3.70 (take profit during rebound near support) Stop Loss Price: $3.90 (stop loss when breaking resistance)

OM is currently showing strength near the support level of $3.60, and it is expected that if market sentiment remains positive, the price will break through the key resistance of $3.80. If this range is broken, OM may hit a new high of $4.00 in the short term.

However, there is also a certain level of risk in the short term, especially if the price fails to break through $3.80, a volatile correction may occur. If the price falls below the support of $3.60, it will further test the support strength at $3.50. Therefore, short-term operations need to be flexible and respond according to support and resistance levels for precise entry and exit operations.

Overall, the current market sentiment is positive, and OM is expected to welcome a new round of rises after breaking through the volatile range. If the timing of contract operations can be grasped, investors are expected to gain decent short-term profits.