OM/USDT Daily Analysis and Trading Strategy

Support Levels:

1. $3.75: 24-hour low price, currently a strong support area.

2. $3.60: Important psychological support level, caution needed if broken.

Resistance Levels:

1. $3.89: 24-hour high price, is the main target for a short-term bullish rebound.

2. $4.00: Round number resistance, breaking this may open up greater upward potential.

Market Analysis:

Current price of OM is $3.79, with a flat increase during the day, positioned between MA7 and MA25, in a short-term trend consolidation. Trading volume is low, with a strong sense of market wait-and-see. MACD shows weak momentum, direction is still unclear.

Trading Strategy:

• Long Position Strategy:

Build positions in batches in the $3.75-$3.78 range, target $3.89, look towards $4.00 after breaking, set stop loss below $3.70.

• Short Position Strategy:

If the price rebounds to the $3.89-$4.00 range and faces resistance, consider entering a light short position, target $3.75, stop loss above $4.05.

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