$OM

/USDT Technical Analysis & Trade Signal

Current Price: $3.85

24h High: $4.0586 | 24h Low: $3.8413

Price Change: +0.18%

Technical Indicators

1. Support Level: $3.84 (previous low)

2. Resistance Level: $4.05 (previous high)

3. RSI: Neutral (suggests no overbought or oversold conditions)

4. MACD: Bullish crossover confirmed, indicating upward momentum.

5. Volume: Relatively high trading volume with increasing buy orders.

Trade Signal

Buy Signal: If price breaks above $4.05, confirm upward momentum.

Sell Signal: If price falls below $3.84, consider selling due to potential downward movement.

Target Levels 🎯

1. Target 1: $4.10 (Initial resistance breakout)

2. Target 2: $4.20 (Next strong resistance)

3. Target 3: $4.30 (Potential extended move)

Trade Momentum: Bullish, with upward potential if $4.05 is broken. The current price action shows moderate bullish pressure, with a positive MACD signal and steady volume. Traders should look for a breakout above $4.05 to enter long positions. Keep an eye on support at $3.84 for potential downside risk.

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