🌩️$OM /USDT – May 02, 2025**
🔧Category: Layer 1
💰Price & Info:
Current Price: $0.4267 (▼-7.98%)
24H High: $0.4690 | 24H Low: $0.4214
24H Volume: 73.13M OM | $32.62M USDT
📈OM Price Analysis & Key Levels
🔹Resistance Levels: $0.4385, $0.4690
🔹Support Levels: $0.4214, $0.3980
📊Market Insights:
Fibonacci Retracement (High $0.4690 → Low $0.4214):
38.2%: $0.4392 | 50%: $0.4452 | 61.8%: $0.4513
ATR (14): ~$0.024 → Swing Range: $0.403 – $0.450
🚀Bullish Scenario:
✅ Break above $0.4392 could target $0.4690
✅ Support hold near $0.4214 can lead to reversal back to mid-Fib zone
🔻Bearish Scenario:
❌ Closing below $0.4214 may lead to further drop toward $0.3980
❌ Volume decline with price dip confirms weakness
🎯Trading Strategy – Bias: Neutral to Bearish
Spot Trading:
Buy Zone: $0.421 – $0.426
Targets: $0.445 / $0.469
Stop-Loss: $0.398
Futures Trading:
📈 Long Entry: $0.421 | 🎯 TP: $0.445 / $0.469 | ⛔ SL: $0.398
📉 Short Entry: $0.445 | 🎯 TP: $0.421 / $0.398 | ⛔ SL: $0.469
⚠️Risk Management & Alerts:
Key support at $0.4214 must hold
RSI is dipping toward oversold zone—watch for bounce or flush
💡Unique Insight – VWAP:
VWAP trending above at ~$0.4437 – price is below it = weakness in current trend
📌Summary:
OM shows signs of profit-taking and downside pressure below VWAP. Key support is being tested—expect sharp reaction around $0.421.
❓Will OM bounce from key support or continue its fade toward the $0.39 zone?
💡Tip: Click the tip icon if this guide helped you map your trades—support fuels more pro insights ahead!
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