After bouncing from the $0.386 support zone, OM/USDT is attempting a recovery.
1h chart:
The price is testing the midline of the Bollinger Bands ($0.4056).
A bullish MACD crossover is forming.
If OM closes above $0.4056 with increasing volume, it may confirm short-term upside momentum.
4h chart:
Price is stabilizing above $0.390.
MACD histogram is flattening after a long bearish run.
Mid-Bollinger resistance stands near $0.4090–0.4100.
Setup idea:
Entry: On retest and hold above $0.405–0.40
Targets: $0.418 and $0.42
Stop-loss: Below $0.390
We’re watching closely for confirmation. No entry without a breakout and volume!
Disclaimer: This is not financial advice. Always do your own research and consider your risk tolerance before making any trades. Cryptocurrency markets are highly volatile.