$OM #om
* OMUSDT (1H chart):
1. General technical analysis:
Current trend: The price has just pumped strongly from the 0.37 area up to 0.49562, then adjusted to ~0.424.
Volume: Spiked during the upward candle, then decreased as the price adjusted.
MA(5) crossed above MA(10): A short-term bullish signal has appeared.
Most recent candle: Shows increasing selling pressure after reaching a peak, but still maintains above MA(10).
2. RSI (Relative Strength Index):
RSI does not show specifically, but based on price behavior and strong momentum, RSI is in the overbought area (>70).
This indicates the possibility of a short-term correction before continuing the trend.
3. MACD:
MACD histogram is expanding positively (bullish).
The MACD line has crossed above the Signal line — confirming a short-term upward trend.
4. Trading suggestions:
- Long Order
Entry: 0.418 - 0.424 (wait for the price to retrace to the support area near MA10)
TP1: 0.447
TP2: 0.495
SL: 0.408
- Short Order
Entry: 0.447 - 0.455 (near the old peak – strong resistance area)
TP1: 0.424
TP2: 0.410
SL: 0.462
5. Spot trading:
Strategy: Avoid FOMO buying at the current price as it has risen sharply.
Preferred strategy: Wait for a correction to the 0.41 - 0.42 area then consider buying spot.