$OM
[Technical Analysis] OM/USDT – Market Snapshot
Current Price: $0.4467
24h Change: -8.63%
Volume: 77.22M OM | 35.77M USDT
Category: Layer 1
OM is under pressure after an 8.6% decline, now hovering near its intraday low of $0.4323. The asset is showing early signs of consolidation with decent buy-side interest.
Key Technical Zones & Targets:
Target 1 – $0.475: Minor resistance, aligned with short-term moving averages. A break above could confirm a trend reversal on the lower timeframes (1H/4H).
Target 2 – $0.4918: The 24h high and key resistance level. Strong sellers are expected here, making this a critical breakout point.
Target 3 – $0.5300: Medium-term bullish target based on previous structure highs and Fibonacci retracement from recent drop.
Market Depth Analysis:
Significant depth appears between $4.33 and $7.19 – likely referencing wider liquidity walls or longer-term expectations rather than intraday moves.
Technical Insight:
With RSI nearing oversold on the 1H, and support found at $0.432, OM could attempt a recovery if broader market sentiment stabilizes.
Strategy Note: Scalpers can eye $0.475, while swing traders may position for $0.530 with proper risk management.