$OM
/USDT SIDEWAYS RANGE — CAN BULLS BREAK ABOVE $0.43 FOR MOMENTUM?
$OM/USDT is currently trading at $0.4271, slightly recovering after a dip to the $0.4053 low. The hourly chart shows a ranging pattern, with bulls attempting to reclaim control near the $0.43 resistance. A breakout above this zone could ignite a bullish move.
Trade Setup (LONG):
Entry: $0.4260 – $0.4290
Take Profit (TP): $0.4380 / $0.4480
Stop Loss (SL): $0.4190
Market Outlook:
The structure suggests accumulation after a sharp decline. If buyers manage to push and sustain above $0.4300, we could see an upward breakout. However, a drop below $0.4190 would invalidate this short-term bullish scenario.
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