📊 Real-time Price Update
• Current price: $0.4539 USD
• 24h volatility: +8.61%
• 24h trading volume: $132.09 million USD
• Market capitalization: $438.2 million USD
• CoinMarketCap rank: #140
• Trading volume on Binance: $23.45 million USD
📈 Technical Analysis
🔹 15-minute frame (15m)
• Model: Support at $0.416, resistance at $0.459.
• RSI: In the neutral zone, signaling a continuation of the trend.
• Long strategy:
• Reason: The price has tested the support at $0.416 and is recovering, with the nearest resistance at $0.459. If the price breaks above $0.459, the signal will confirm the continuation of the uptrend.
• Entry point: $0.459
• Take profit: $0.475
• Stop loss: $0.440
• Probability of success: 75%
• Short strategy:
• Reason: If the price does not break above $0.459 and encounters selling pressure at this level, a correction may occur. Short at $0.465 if the price continues not to break the resistance.
• Entry point: $0.465
• Take profit: $0.430
• Stop loss: $0.475
• Probability of success: 65%
🔹 1-hour frame (1h)
• Model: Ascending channel, the price is retesting support at $0.435.
• RSI: Increasing, giving a positive signal.
• Long strategy:
• Reason: The price is approaching the support level at $0.435, and the RSI is signaling an increase, indicating the possibility of the price continuing to trend upward.
• Entry point: $0.440
• Take profit 1: $0.450
• Stop loss: $0.430
• Probability of success: 70%
• Short strategy:
• Reason: If the price does not maintain its upward trend and faces strong selling pressure at the $0.450 area, a correction to a lower support level may occur.
• Entry point: $0.450
• Take profit: $0.440
• Stop loss: $0.460
• Probability of success: 60%
🔹 4-hour frame (4h)
• Model: Has broken the downtrend, price surpassing $0.40 with increasing volume.
• RSI: In the oversold zone, may bounce back.
• Long strategy:
• Reason: The price has broken previous resistance and is retesting support, signaling a recovery from oversold levels.
• Entry point: $0.440
• Take profit: $0.470
• Stop loss: $0.420
• Probability of success: 80%
• Short strategy:
• Reason: If the price does not maintain its upward momentum and drops below $0.440, a correction to the support level of $0.420 may occur.
• Entry point: $0.470
• Take profit: $0.440
• Stop loss: $0.480
• Probability of success: 55%
🔹 Daily frame (D)
• Model: Forming a 'Symmetrical Triangle' pattern, the price is fluctuating within this range.
• Long strategy:
• Reason: If the price breaks above $0.45, this will be a strong signal to enter Long.
• Entry point: $0.460
• Take profit: $0.475
• Stop loss: $0.440
• Probability of success: 70%
• Short strategy:
• Reason: If the price drops below $0.430, a significant correction may occur to lower support levels.
• Entry point: $0.430
• Take profit: $0.400
• Stop loss: $0.440
• Probability of success: 60%
🎯 Futures Strategy 24h
1. Long position OM/USDT:
• Entry point: $0.459
• Reason: Buy signal from support and increasing trading volume indicates the price will likely continue to rise.
• Take profit: $0.475
• Stop loss: $0.440
• Probability of success: 75%
2. Short position OM/USDT:
• Entry point: $0.465
• Reason: Sell signal from resistance area and the possibility that the price cannot break this level.
• Take profit: $0.430
• Stop loss: $0.475
• Probability of success: 65%
🔗 Binance Futures Trading
⚠️ Note
• Risk: High volatility due to the token unlocking event in the second week of May.
• Recommendation: Tight capital management, do not use high leverage.
Note: The information above is for reference only and is not investment advice.