$OM BULLISH DAY, BUT STRUGGLING NEAR RESISTANCE: BREAKOUT OR FADE?
$OM/USDT is trading at $0.4274, up +10.87% on the day after a sharp rally from $0.3733. While momentum is strong, price is now consolidating just below key resistance with rising volatility signals.
Key Price Levels:
• Resistance Zone: $0.4320 – $0.4400
• Support Zone: $0.4230 – $0.4250
Trade Setup:
Bullish Scenario:
• Entry: Above $0.4320
• TP1: $0.4440
• TP2: $0.4600
• SL: Below $0.4230
Bearish Scenario:
• Entry: Below $0.4230
• TP1: $0.4100
• TP2: $0.4000
• SL: Above $0.4320
$OM has rallied hard but is now at a make-or-break point. A breakout above $0.432 could extend the move, while rejection might trigger a sharp pullback. Monitor price action closely.