🚨OM Long/Short Alert: Overbought Divergence Encountering Whale Selling Pressure, 0.45 Becomes a Key Turning Point!🚨

Summary

OM is currently priced at 0.4458 in the overbought zone, with an RSI of 76.88 indicating overheating. The 1-hour chart has broken through the upper Bollinger Band but is accompanied by continuous outflow of contract funds (down 28.4% in 24 hours). It is recommended to set short positions in the 0.448-0.452 range, targeting the 0.42 support level, with a stop-loss at 0.458, achieving a risk-reward ratio of 1:4.2. Caution is warranted as the main force may initiate a short squeeze due to low funding rates (0.005%).

Technical Analysis

1. Price Status:

• Bollinger Band Position: Price touches the upper band at 0.4517 (Bollinger Band position 85.88%), clear overbought signal

• MA200 Position: Current price is 10.63% above MA200 (0.403), deviation reaches a short-term extreme

• Holding Cost: Current price has a 6.11% premium over the 1h holding cost (0.4201), profit-taking pressure accumulates

2. Market Strength and Weakness:

• Trading Volume: The 24-hour volume ratio is 0.828, price up 4.97% but volume shrinks, indicating a divergence between price and volume

• Position Direction: 8h open interest decreases by 1.48% while the price increases by 3.25%, indicating the main force is reducing positions at highs

• Long/Short Ratio Change: Long/short ratio drops sharply from 2.3758 to 2.0254, indicating smart money is shifting to defense

• News Front: Project team news is 2 days delayed, providing no substantial support for the current price

3. Key Positions:

• Support Levels: 0.4201 (holding cost center) / 0.4030 (MA200 defense line)

• Resistance Levels: 0.4517 (upper Bollinger Band) / 0.4580 (psychological round number)

Market Cycle Analysis

1. Current Cycle: Late-stage bull market acceleration, RSI continuously overbought + significant outflow of contract funds (5-day net outflow of $95 million), with structural risks at the top

Trading Strategy

1. Specific Points:

• Entry: 0.4480 (second test of previous high pressure level)

• Stop-Loss: 0.4580 (3% margin for error above previous high)

• Target: 0.4200 (resonance point of holding cost and Bollinger Band middle line)

• Risk-Reward Ratio: 1:4.16 ((0.448-0.42)/(0.458-0.448)=2.8/0.68)

2. Risk Warning:

• Maintaining low funding rates may trigger a short squeeze

• Main force 8h open interest anomaly (-6.44% open interest corresponding to +3.25% price increase)

• Operation Suggestion: Use 20% position to build in batches, stop loss immediately if it breaks 0.452

Like and follow for real-time updates, welcome to leave messages to discuss strategy details!

$OM