$OM : Green Light GO 🚦! Analyzing a Possible Trade Setup 🧐💰
Following a breakout past the trendline resistance, $OM surged towards the $0.5866 resistance zone before pulling back.
Now, it's showing strength again 🚀 after a successful retest of the trendline resistance area, which aligns with horizontal support.
RSI Indicator: Currently at 50.76 and climbing from oversold territory .
This chart looks promising for potential gains!
Entry Zone: $0.51 - $0.52 🟢
Profit Targets 🎯:
$0.5480
$0.5575
$0.5700
The current trend looks positive 👍. Trade wisely and enjoy the potential ride 🏄♂️ And For Future Traders Must Use Stoploss to manage risk !