Here are the bullish signals for $OM OM/USDT based on the 4-hour chart:
1. Strong Uptrend with High Momentum
The price surged from 7.0977 to 9.1733, indicating strong bullish momentum.
If the trend continues, a potential breakout above 9.1733 could push it higher.
2. Price Holding Above Key Support
The price is currently 8.4094, staying above previous resistance levels.
If it holds above 8.20 - 8.30, it could confirm support and lead to further upside.
3. Moving Averages (MA) Bullish Crossover
MA(5) is above MA(10), which is a short-term bullish signal.
If MA(5) continues rising, it confirms strong momentum.
4. High Volume on the Pump
The green volume bars indicate strong buying pressure.
Sustained volume increase supports a continuation of the uptrend.
5. Higher Highs & Higher Lows Pattern
The price is forming a higher high and higher low, which indicates an uptrend.
If it stays above 8.20, this pattern remains intact.
6. Potential Breakout Above Resistance
The next key resistance is 9.1733.
If broken with volume, the next targets could be 9.50 - 10.00.
Confirmation Needed:
A strong green candle closing above 8.50.
MACD bullish crossover and RSI above 50.
Sustained volume to avoid a fakeout.
Would you like more details on indicators like RSI or MACD?
