๐ ๐ฅOM Coin Trade Plan โ May 14, 2025๐จ
๐น Market Snapshot
Current Price: ๐ฐ$0.4325
24h Change: ๐-1.48%
Intraday Range: ๐ฝ$0.4130 โ $0.4390
Market Cap: ๐~$6.94 billion
Trading Volume: ๐$227.85 million
๐น Technical Indicators
Moving Averages:
๐ The 50-day and 200-day moving averages are both sloping upwards, indicating a strong bullish trend.
Relative Strength Index (RSI):
๐ Currently in the 30-70 neutral zone, showing a balanced market.
MACD:
๐ No significant bullish or bearish divergence observed.
๐น Trade Strategy
Scenario 1: Bullish Continuation
Entry Point: ๐ If OM breaks above $0.44 with strong volume.
Target: ๐ฏ$0.46 โ $0.48
Stop Loss: โ$0.42
Scenario 2: Pullback Opportunity
Entry Point: ๐ If OM retraces to $0.41 and shows signs of bouncing.
Target: ๐ฏ$0.43 โ $0.44
Stop Loss: โ$0.40
Scenario 3: Bearish Breakdown
Entry Point: โฌ๏ธ If OM falls below $0.40 with increased selling pressure.
Target: ๐ฏ$0.38 โ $0.36
Stop Loss: โ$0.41
๐น Risk Management
Position Sizing: ๐ก Limit exposure to 1โ2% of total capital per trade.
Monitoring: ๐ Watch for volume spikes and RSI movements to spot reversals.
News Awareness: ๐ฐ Stay updated on any announcements from the MANTRA team or macroeconomic events that could affect the market.