$OM /USDT Skyrockets on Breakout — Will the Momentum Sustain🚀📈🔥
Market Outlook 🤽
$OM just fired up with a massive breakout on the 1H chart, smashing through resistance and currently trading near $0.4897. After clean BOS (Break of Structure) levels, bulls took full control!
Now price is testing resistance around $0.4910 — a crucial decision zone.
On the 1D chart, this is the first strong bullish daily candle after a long-term downtrend. Could this be the start of a major reversal?
Formed Candle & Trend Signals:📊
1H: Big green breakout candle after compression 🔓
1D: Potential trend reversal from the base level 🔁
Stochastic RSI: Overbought at 92+ ⚠️ — short-term cooling possible
Trade Strategy (Buy Bias):
Entry (Pullback Zone): $0.455 – $0.460 💰
Target 1: $0.550 🎯
Target 2: $0.650 🎯
Stop Loss: Below $0.412 ❌
Risk-Reward Ratio: Approx. 1:2 ✅
Pro Tip:🧑💻
Don’t chase pumps! Let the chart cool off or break $0.4910 convincingly before fresh entries. Rejection = watch for pullback opportunity.
Trader’s Takeaway:👨❤️👨
“Strong breakouts test your patience. Only planned entries with risk control win the game.”
⏳🧠
Disclaimer:
This is not financial advice. Crypto trading is risky and volatile. Always DYOR (Do Your Own Research).⚠️📉📊
