$OM /USDT Technical Analysis โ Key Levels to Watch!๐ฏ๐๐๐
Current Price: $4.03 (-0.78%)
OM is showing mixed signals today, oscillating between a bullish recovery and bearish pressure. Letโs dive into the technicals and identify 3 potential targets ๐ฏ:
Key Data Points:
24H High: $4.1257
24H Low: $3.7885
SAR Level: $3.9823
Bearish Index (BI): -5.36%
Targets to Watch:
๐ฏ Target 1 โ $3.95:
This level aligns closely with the SAR ($3.9823). If the price consolidates here, it may act as a strong support zone, providing an entry point for potential upward movement.
๐ฏ Target 2 โ $4.12:
A critical resistance level, matching the 24H high. If OM breaks this, we might see strong bullish momentum kick in, aiming for new highs.
๐ฏ Target 3 โ $3.78:
In case of a downward breakout, this level becomes the next strong support. Traders should watch for volume confirmation at this zone.
Trade Strategy:
Bullish Setup: Wait for a breakout above $4.12 with good volume for long positions.
Bearish Setup: Monitor for a breakdown below $3.78 to target further downside.