📉 ANALYSIS #OM/USDT (3D, Binance)
OM continues to move within a descending channel, but the recent candles show a slowdown in the decline and an attempt to form a bottom at the support of $0.19–$0.21.
🔍 Chart Details:
The price is holding at the lower boundary of the wedge, marked by white lines.
MA(7) and MA(25) are narrowing above the price, indicating possible consolidation.
Bollinger Bands are tightly compressed — preparing for expansion (increase in volatility).
Ichimoku Cloud remains above current prices, serving as resistance in the zone of $0.31–$0.34.
Parabolic SAR below the price gives the first bullish signal.
🎯 Key Levels:
Support: $0.19–$0.21
First Resistance: $0.31
Long-term Target on Reversal: $0.48
⚠️ Conclusion:
OM is at a critical point at the lower boundary of the wedge. If the price holds and shows growth above $0.21, it will strengthen the chance for an exit from the descending range and a trend reversal.