$OM /USDT – Intraday Reversal in Play, Eyes on Reclaiming $6.35
Current Price: $6.2966
24H High: $6.3995
24H Low: $6.1158
15m Trend Outlook: Minor pullback after a strong push
StochRSI: 48.42
MastoChRSI: 50.11
Technical Snapshot:
$OM surged off the $6.1158 low and reached $6.3475 before cooling off slightly. Despite the pullback, price action still leans bullish on the 15-minute chart as it's printing higher lows and holding the $6.25 zone.
Momentum Outlook:
Buyers showed strength with that vertical move from $6.11 to $6.34.
Current sideways action near $6.29 suggests a consolidation phase, not a breakdown.
A breakout above $6.35 could pave the way for a retest of the $6.40–$6.45 range.
Support & Resistance:
Support: $6.25 / $6.20
Resistance: $6.35 / $6.40 / $6.50
Strategy Tip:
Watch for a clean breakout and close above $6.35. Entry could be planned on the retest with stops under $6.25. Targeting $6.45–$6.50 short-term.
Caution Note: Binance flags major changes to OM's tokenomics. This might affect volatility and price behavior — so risk management is key. Always DYOR.
Bias: Bullish, but cautiously optimistic due to tokenomics warning.