$OM

/USDT: slight Dip Move Watching For Potential Opportunity 💫 💯

Technical Snapshot:

Current Price: 3.9438 (up 1.57% in 24h, slight drop of -0.27% in the 30-minute chart)

24h High: 4.0189

24h Low: 3.8375

Volume: 3.26M OM, 12.84M USDT

Trend: Neutral with slight bullish momentum, approaching resistance.

Support & Resistance:

Support: 3.8375 (24h low), 3.80 (psychological support)

Resistance: 4.0189 (24h high), 4.05 (next resistance level)

Trade Strategy:

1. Bullish Entry:

Trigger: If the price breaks above 4.0189

Targets: 🎯4.05 | 🎯4.10 | 🎯4.15

Stop Loss: 3.80 (below immediate support)

2. Bearish Entry:

Trigger: If the price falls below 3.8375

Targets: 🎯3.80 | 🎯3.75 | 🎯3.70

Stop Loss: 4.05 (above resistance)

Indicators to Watch:

RSI: Monitor for any overbought signals as price nears 4.02, indicating potential for a pullback.

MACD: Watch for bullish crossovers above support (3.8375) for confirmation of upward momentum.

Volume: Increased volume during a break above 4.02 would support further upside momentum.

Conclusion:

Bullish Outlook: A break above 4.0189 could target 4.05 and higher.

Bearish Outlook: A fall below 3.8375 could lead to a correction towards lower support levels.

Monitor closely for a breakout or pullback!

#CryptoReboundStrategy #BitcoinHashRateSurge #BinanceAlphaAlert #USJoblessClaimsDrop #Binance250Million