๐ฅ $OM STRIKES BACK โ Reversal Still in Play!
$OM is currently trading at $0.4388, showing +14.45% daily gain, after bouncing from the low of $0.3833 and recently topping at $0.5177.
The 30m chart shows price consolidating in a sideways range, likely forming a base near $0.4300โ$0.4450. This looks like a bullish higher-low setup, preparing for the next leg up.
๐ Trade Setup (Updated):
โ Entry Zone: $0.4350 โ $0.4450
๐ฏ Target 1 (TP1): $0.4800
๐ฏ Target 2 (TP2): $0.5150
๐ป Stop-Loss: Below $0.4260
Price is trying to hold mid-range structure above support.
๐ Key Points:
โข Volume is cooling, but holding above MA(10)
โข MACD is flatlining near zeroโwatch for a bullish crossover
โข A confirmed 30m close above $0.4600 with rising volume = breakout trigger
๐ก๏ธ Risk Management Tip:
โข Use a tight SL (~$0.4260) for intraday trades
โข Watch the $0.4530โ$0.4600 zone closelyโitโs the resistance flip zone#OM #CryptoTrade #BreakoutWatch #ReversalSetup #AltcoinMomentum $OM