The $OM / USDT trading pair has broken its previous ATH, displaying extraordinary bullish momentum! Hereâs a breakdown of the key details and potential targets:
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đ Current Market Highlights
Current Price: $1.6737 (+14.74%)
24H High: $1.6739
24H Low: $1.3056
24H Volume:
31.04M OM
47.60M USDT
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đĽ Bullish Indicators
1. Momentum: The breakout above key levels, coupled with a strong rebound from the low at $1.3056, shows increased buyer interest.
2. Resistance Watch:
Current resistance: $1.68. A break above this could push $OM toward new highs.
Next target: $1.85, reflecting strong upward potential.
3. Support Levels:
Immediate support: $1.5614. Traders should monitor this level in case of retracements.
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đŻ Price Targets
1. Short-Term Target: $1.75 (Potential push after crossing $1.68).
2. Mid-Term Target: $1.85 (Next psychological level and Fibonacci extension).
3. Consolidation Zone: If resistance holds, expect a pullback toward $1.56â$1.60 before another upward surge.
â ď¸ Strategy & Tips
For Long Positions: Consider entering on confirmed breaks above $1.68 with stop-loss near $1.56.
For Short-Term Trades: Watch for high volatility around the ATH zone for profit-taking opportunities.
Risk Management: As momentum-driven assets can reverse quickly, maintain strict stop-loss levels.
đ˘ Stay alert as $OM continues its upward trendâthis could be the breakout moment youâve been waiting for!