#StaySAFU

Based on the **OM/USDT** chart on the **4-hour** timeframe, here is the detailed technical analysis:

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### **1. Current Price Movement:**

- **Current Price:** 0.7896 USDT

- **24-hour Change:** +31.91% (strong increase).

- **Nearby Resistance:** 0.7896 USDT (currently being tested).

- **Nearby Support:** 0.5680 USDT.

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### **2. MACD Indicator (on 4 hours):**

- **Indicator (MACD):** -0.225

- **Signal Line:** -1.378

- **Difference (DIFF):** -1.490

- **Diagnosis:**

- The indicator is below zero, indicating potential bearish momentum in the short term.

- Convergence between MACD and the signal line may indicate a change in momentum soon.

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### **3. Major Support and Resistance Levels:**

- **Resistance:**

- 0.7896 USDT (current level).

- If broken, the next target may be 0.85 USDT.

- **Support:**

- 0.5680 USDT (recent low test).

- 0.5720 USDT (secondary support).

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### **4. Trading Volume:**

- **Total Volume:** 179.99 million USDT.

- **Volume Movement:**

- Increase in demand (as evidenced by upward arrows ▲).

- An increase in volume with rising price indicates buyer confidence.

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### **5. General Analysis and Forecasts:**

- **Positives:**

- Significant price increase (+31.91%).

- High trading volume supports upward momentum.

- **Negatives:**

- MACD indicator is negative, which may indicate a correction soon.

- Strong resistance test at 0.7896 USDT.

**Recommendation:**

- **Buyers:** Waiting for a break of resistance at 0.7896 USDT with confirmation from volume targeting 0.85 USDT.

- **Sellers:** If the price fails to break the resistance, there may be a correction towards 0.5680 USDT.

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### **6. Risk Management:**

- **Stop Loss:** Below 0.5680 USDT for buyers.

- **Take Profit:** At 0.85 USDT if the current resistance is broken.

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**Summary:**

The currency shows short-term bullish strength, but faces strong resistance. It is advisable to wait for a breakout or breakdown confirmation before making significant decisions.

#Mantra(om)