2024.06.03 OM Market Analysis🚀🚀🔥
Recently, the highest price of OM rose to $1.04, reaching a record high, but then fell continuously and stabilized above $0.65.
The $0.65 position has tried to insert a pin and rebound many times, showing that the support in the short term is very strong.
OM recently reached a cooperation with ONDO, and the good news in this part has been diluted and landed.
As a public chain project in the RWA sector, OM's scale and operating cycle have been three years.
Next, I think OM's market is likely to fall back.
From the daily chart, MACD is maintaining a large volume state, while RSI has a decline in purchasing power when it is close to 70 overbought.
Therefore, I expect the short-term decline to be between $0.82 and $0.8.
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