OM is about to explode in the short term! Breaking through the critical point, full analysis of the entry and exit strategy!

The current real-time price of OM is $3.5477, with today's highest point at $3.5483 and the lowest point at $3.5314. The price is at the upper edge of the consolidation range, almost touching the high point of the day. This slight fluctuation means that market sentiment is relatively stable, but the critical point of the breakthrough is very close, and investors need to pay close attention to the changes in key support and resistance positions.

Technical analysis:

Support and resistance:

Support level: $3.5314. If the price falls to this support level and stabilizes, a short-term rebound may occur. Resistance level: $3.5483, the current high, is also the breakthrough point. If the price breaks through this point, OM may quickly move towards $3.55 and $3.60.

Bollinger Band Analysis:

The upper rail of the Bollinger Band is at $3.5483, which is consistent with the current high. If this position is broken, the price is likely to continue to rise along the upper rail of the Bollinger Band. The lower track is at $3.5314. Once the price falls below this position, it may test the support level below.

RSI indicator:

The current RSI is 56, which is in the neutral area, indicating that there is no obvious overbought or oversold pressure in the market. This means that the price is still in a state of balance, but after breaking through the resistance level, the RSI may rise rapidly, further pushing the price up.

Short-term contract T+0 strategy:

Long strategy:

Entry position: If the price breaks through $3.5483 and stands firm at this position, you can consider going long. Stop profit position: The target price is $3.55 to $3.60. If it breaks through $3.55, the price is expected to continue to rise to $3.60. Stop loss position: If the price falls back to $3.5314 and falls more sharply, stop loss and exit.

Short strategy:

Entry position: If the price fails to break through $3.5483 and falls below the support level of $3.5314, you can consider shorting. Take profit position: The target price is $3.5200 to $3.5100. Further downward space may test the support near $3.50. Stop loss position: If the price breaks through $3.5483 and continues to rise, stop loss and exit. $OM