$OM
Point Analysis:
1. Key Support Levels:
• First Support Level: $3.70 (7-day moving average support)
• Second Support Level: $3.47 (intraday low)
• Third Support Level: $3.20 (psychological support area)
2. Key Resistance Levels:
• First Resistance Level: $3.84 (intraday high)
• Second Resistance Level: $4.00 (psychological round number)
• Third Resistance Level: $4.63 (recent high)
Long and Short Direction Prediction:
Current OM price is $3.7468, with an intraday increase of 7.48%, but from the moving averages and MACD perspective, the price is currently consolidating in a range. In the short term, the support below is strong, and an upward breakout still requires increased trading volume.
Strategy Suggestions:
• Long Position Strategy:
If the price retraces to $3.47 and stabilizes, a light long position can be taken, with a stop loss set at $3.30 and target prices at $3.84/$4.00/$4.63.
• Short Position Strategy:
If the price rebounds and is blocked near $3.84, a light short position can be taken, with a stop loss set at $4.00 and target prices at $3.70/$3.47.
[Welcome to follow, don’t get lost. Every day I will analyze the trends and levels of mainstream cryptocurrencies and popular altcoins. Wishing everyone prosperity and a rich year together!]