Hey Binance fam! 👋 Been seeing your concerns about $OM and that dip below $0.5. You're watching closely, and so am I‼️ 👀
Good news though – it looks like $OM might be showing some serious reversal signals! 💪 After hitting a low of $0.4053, $OM/USDT has bounced back to around $0.4240 and is picking up steam after that sharp drop. 🔥
We found double bottom and the RSI is also looking promising, heading towards 66 which suggests there's still room to grow before things get too heated. 🚀
Here's a potential long trade setup I'm watching:
➡️ Entry Zone: $0.4250 – $0.4300
🎯 TP1: $0.4420
🎯 TP2: $0.4560 (that 24-hour high is tempting! 🤩)
🛑 Stop-Loss: Keep it tight below $0.4130
If OM can hold above $0.4200, we could see a much stronger recovery pushing it back into the higher range. Keep a close eye on the volume – that could be the fuel for a bigger bounce! 📈
( $OM )