Analysis for #OM /USDT for 1 day (09/19/2024)

1. Price forecast (short-term, medium-term)

Short-term forecast: A correction to the support level of $1.03 is possible in the coming days. If the price consolidates above $1.10, then growth to the resistance at $1.20 is possible. Medium-term forecast: If the price holds above $1.10 and continues its upward movement, then the next target may be $1.35. Otherwise, a fall to the levels of $0.92 and $0.80 will be a more likely scenario.

General conclusion: The current price is near a strong resistance of $1.20, and further movement depends on the ability to overcome this level. In case of consolidation above $1.20, growth to $1.35 is possible. The risks of correction are also high, so it is important to monitor the key support levels of $1.10 and $1.03.

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