OM short-term surge opportunity? Accurate short-term strategy helps you lock in profits!
The current price of OM is $3.6934, showing a trend of fluctuating upwards. The price fluctuates greatly in the short term, and market sentiment gradually warms up. OM is a project that is gradually emerging in the blockchain and cryptocurrency markets, and investor sentiment tends to be optimistic. However, within the current price range, short-term traders can still seize potential volatility opportunities.
Short-term T strategy: long and short operations
1. Long strategy (break through the upside)
Entry point: When the price drops to around $3.6400 and gets support, you can consider entering the market around $3.6500 to go long, with a target price of $3.7500. Stop profit point: The target price is $3.7500. After breaking through this point, you can continue to hold the position to $3.8000. If it breaks through the strong support, you can continue to chase the rise. Stop loss point: If the price falls below $3.6000, consider stop loss to avoid further price correction.
2. Short selling strategy (correction pressure)
Entry point: If the price breaks through $3.7500 and fails to stabilize, there is a correction and falls below $3.7000, you can consider shorting around $3.7000, with the target price set at $3.5500. After breaking through, it may further fall to $3.4000. Take profit point: The target price is $3.5500. If the price fails to continue to fall, you can take profit in advance in this range. Stop loss point: If the price breaks through $3.8000, stop loss and exit.
In the short term, OM is currently in a range of $3.6000-3.7500. If the price can break through $3.7500 and stabilize at this position, it may usher in further gains, and the target price is expected to hit $3.8000 or $3.9000. However, if it fails to break through this area and a correction occurs, it may drop to $3.5000 or lower, especially when market sentiment is unstable.
Judging from the recent market trend, OM still has certain upside potential in the current price range. Especially after breaking through $3.7500, the price may usher in greater fluctuations, and short-term traders can flexibly operate according to the support and resistance of the price.
Overall, the trend in the short term is likely to be affected by market sentiment fluctuations. The key price range is between $3.6000 and $3.7500, and the breakthrough will determine the direction of future trends.$OM