$OM COMPLETE TECHNICAL ANALYSIS & WHAT'S NEXT!

#OM woken from its slumber & bottom pit, it recently

saw an incredible increase of over 40%, zooming from 0.26

to 0.39 within just few hours.

Not too long ago, #OM saw the worst rug pull in Crypto history

erasing billions of dollars in blink of an eye, as the price dropped

from $6 to less than a $1 per coin.

$OM team blamed it on the triggered

liquidations by the Exchanges & investors doubted the

OM Team.

Leaving investors to scratch for clues as to what actually

happened, sufficient evidence made the team look like

alleged culprits, however truth still remains unknown &

OM still lives & breathes fire.

Could this Mantra be stronger than we would like to think?

Only time will tell.

Binance warned investors early on how OM contract was

updated to include mintable policy that red flagged the

coin, however few took heed & next is history.

Technical Analysis :

After it's bullish rally, $OM is now forming a falling wedge

pattern, which usually leads to a bullish breakout before

accumulation. Current main support remains at the order block

near 0.3208, which makes a good entry point for long.

With Stop loss below the MA(99) at 0.3018 &

first target respectfully at trendline resistance near 0.338,

then next three targets at near resistance zones at 0.352,

0.3728 & 0.3956.

Alternatively if price breaks above before reaching the

support zone, then it would be best to wait for a retest

before making a long entry.

Know your risks before investing. Wise decisions are

made with patience, composure and with thorough research.

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