$OM

OM/USDT – Trading Analysis and Strategy 🎯

Current Price: $3.94

The OM/USDT pair is trading at $3.94, showing a -0.07% decrease. Here's the strategy with entry, target levels, and stop limit.

Entry Strategy & Targets

Entry Point: Consider entering near the current price of $3.94 or slightly lower, near $3.90, where support is forming.

Target Levels:

Target 1: $3.99

The first target is $3.99, which aligns with a short-term resistance and recent high.

Target 2: $4.02

Breaking above $3.99, target $4.02, a resistance level observed in the last 24 hours.

Target 3: $4.05

If momentum persists, the final target is $4.05, signaling continued bullish movement.

Stop Limit:

Set a stop loss at $3.81 to safeguard your position in case of a reversal. A drop below this level could indicate further bearish movement.

Pro Tip:

Watch the SAR (0.02, 0.2) at $3.8649, as it might indicate a potential support zone or a trend change. Keep an eye on the volume for validation of price action.

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