#om

Buy Entry

0.2630

Target 0.27

Stop Loss

0.2625

Based on the provided chart for the OM/USDT pair, the price is showing movement within a descending channel (represented by the dashed blue lines) after a previous rise. The price appears to be attempting to break through the upper boundary of the channel, which may indicate a potential bullish reversal. The white arrow indicates a potential upward direction following the breakout. It is important to monitor the upcoming resistance levels, especially at the upper range (shown in light blue), to confirm this trend. The readings of the Relative Strength Index (RSI) at the bottom indicate fluctuations in momentum, but it remains above the 50 level for now, supporting the likelihood of an upward move.