$OM /USDT Testing Key Resistance with Potential for Upside Breakout馃搱馃挴馃敟

The summary of $OM

/USDT trading data:

Current Price: $3.9533

Price Change (24h): +0.41%

24h High: $4.2057

24h Low: $3.6755

24h Volume (OM): 21.39M OM

24h Volume (USDT): 85.29M USDT

Current Timeframe: 15m (Up by 0.79%)

Key Levels:

Support (Potential Entry Zone): $3.675 - $3.70 (near 24h low and support zone)

Resistance (Potential Exit Zone): $4.10 - $4.20 (near 24h high and resistance zone)

Entry Strategy:

Long Entry: A potential long position could be considered if the price holds above $3.70 and shows signs of upward momentum. If the price breaks above $4.00, the next target is $4.10 - $4.20.

Exit Strategy:

Profit Target (Exit): Consider taking profits around $4.10 - $4.20, where the price is likely to face resistance. If the breakout above $4.20 is sustained, the next target could be around $4.30.

Stop-Loss: Set a stop-loss below $3.65 to manage downside risk, ideally at $3.60.

Sentiment:

Neutral to Bullish: The price has shown a mild upward move of 0.79% in the 15-minute timeframe, suggesting potential for further upside if the price holds above $3.70.

Bullish Potential: A breakout above $4.00 and further movement towards $4.20 could lead to a more bullish sentiment.

#BinanceAlphaAlert #USJoblessClaimsFall #GrayscaleSUITrust #MarketCorrectionBuyOrHODL? #FullMarketBullRun