$OM Current Candle Structure (May 12, 2025, 4H and 1D Timeframe)

1. The last 2–3 candles (4H) —

Form a bullish engulfing: the green candle completely covered the previous red one, signaling a return of buyers.

2. Trading Volume —

An increase in volume is observed during the upward movement, confirming the strength of the trend. This is a good sign for the continuation of the movement.

3. Support and Resistance:

Support: $0.41–$0.42 (previous lows).

Resistance: $0.46–$0.48 — the level that OM is trying to break through. If it holds above $0.48, an increase to $0.52 and above is possible.

4. Moving Averages (MA):

EMA 20 crosses EMA 50 from bottom to top — another bullish signal.

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What this means:

Investors are once again entering OM against the backdrop of news about token burning and partnerships.

If the daily candle closes above $0.46 with high volume, this will confirm a reversal from the bottom and may lead to a sustainable increase.