2. Target 2: 0.006600 (breakout zone above 24h high)
3. Target 3: 0.006800 (psychological resistance and extended target)
Risk/Reward:
Risk: 0.005800 (support level)
Reward: 0.006800 (target 3)
With strong 24h volume (4.24B NOT and 26.44M USDT), NOT shows potential for upward momentum. Look for confirmation from volume and hourly trends before entering.
š Observation: The price shows a bounce off the recent low of $0.005802, signaling potential short-term bullish momentum. Look for further confirmation before entry. Manage your risk effectively.
$OM is currently trading at $4.045, showing a slight pullback after a recent bullish surge. Over the last session, the price demonstrated strong upward momentum, climbing above the key $4.00 mark.
The 30-minute chart suggests $OM is consolidating near critical levels, with potential for another breakout. A close above $4.10 could spark further upside, targeting $4.20 for the next leg higher.
With the broader uptrend intact, the risk-to-reward ratio remains favorable for short-term traders. Stay vigilant and monitor closelyāOM is setting up for a significant move!
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