OMUSDT
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$OM #OM #mantraairfly #crypto2wise_friends_requests
dear fellows OM toward 2 $ within one month , we are starting weekly bullish move after deep correction and the train is gaining power . stop loss 0.82 #OMUSD #OMUSDT
dear fellows OM toward 2 $ within one month , we are starting weekly bullish move after deep correction and the train is gaining power . stop loss 0.82 #OMUSD #OMUSDT
#RWA is bullish meanwhile $OM remains massively undervalued - a 5B FDV is what my first target is and I see it achievable by Q1 2025.
While many eyes are glued to $BTC, Iâm eagerly pouring my investments into #RWAs like #MANTRA.
When the market starts uptrend, OM is going to rip and make a new ATH with OMtober coming!
While many eyes are glued to $BTC, Iâm eagerly pouring my investments into #RWAs like #MANTRA.
When the market starts uptrend, OM is going to rip and make a new ATH with OMtober coming!
$OM Showing Bearish Trends With Short-Term Recovery
$OM is currently exhibiting bearish trends across all timeframes. In the short-term, the RSI is at 26.34, indicating oversold conditions, Bollinger Bands are contracting, with the price nearing the lower band at $0.8909, which often signals oversold conditions and potential price support, suggesting a possible reversal rather than continuation.
Traders may consider a spot with an entry at the current price of $0.8901, setting an exit at $0.8981 (EMA_10) and a stop-loss at $0.8850.
The hourly chart RSI is at 21.04, also in oversold territory, price is approaching the lower Bollinger Band at $0.8755, indicating reduced volatility and a potential support level.
Traders could look to enter a short-term spot trade at the current price of $0.8901, target an exit at $0.9081 (EMA_10), and set a stop-loss at $0.8700.
In the daily chart, the RSI stands at 44.3126, indicating a neutral stance, while the MACD remains bearish at -0.0187. The price is below the 20-day EMA, indicating a downtrend. However, there is support at the lower Bollinger Band around $0.8281.
Key support levels to watch include $0.8281 (BB_Low) and resistance at $0.9209 (SMA_20).
**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
#OMUSDT #MANTRA #MantraChain
$OM is currently exhibiting bearish trends across all timeframes. In the short-term, the RSI is at 26.34, indicating oversold conditions, Bollinger Bands are contracting, with the price nearing the lower band at $0.8909, which often signals oversold conditions and potential price support, suggesting a possible reversal rather than continuation.
Traders may consider a spot with an entry at the current price of $0.8901, setting an exit at $0.8981 (EMA_10) and a stop-loss at $0.8850.
The hourly chart RSI is at 21.04, also in oversold territory, price is approaching the lower Bollinger Band at $0.8755, indicating reduced volatility and a potential support level.
Traders could look to enter a short-term spot trade at the current price of $0.8901, target an exit at $0.9081 (EMA_10), and set a stop-loss at $0.8700.
In the daily chart, the RSI stands at 44.3126, indicating a neutral stance, while the MACD remains bearish at -0.0187. The price is below the 20-day EMA, indicating a downtrend. However, there is support at the lower Bollinger Band around $0.8281.
Key support levels to watch include $0.8281 (BB_Low) and resistance at $0.9209 (SMA_20).
**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
#OMUSDT #MANTRA #MantraChain
