📊 Technical Analysis for OM/USDT – 4-Hour Interval
Current Price: Approximately $0.4287
Daily Change: Decrease of **2.47%**
Highest Price in 24 Hours: $0.4601
Lowest Price in 24 Hours: $0.4284
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🔍 Support and Resistance Levels
First Support: $0.4200
Second Support: $0.4089
First Resistance: $0.4615
Second Resistance: $0.4800
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📈 Key Technical Indicators
RSI (14): 44.63 – Indicates a neutral area leaning towards weakness
MACD: Slight positive crossover – Weak buy signal
Williams %R: -85.67 – In the oversold area
CCI (14): -157.46 – Strong sell signal
ADX (14): 36.62 – Indicates a medium strength downward trend
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🧠 Technical Reading
The price is currently trading near an important support area at $0.4200. Breaking this level may lead to further decline towards $0.4089. On the other hand, if the price can rebound and hold above $0.4615, we might see an attempt to target $0.4800.
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📌 Tips for Traders
For Speculators: Monitor the support area at $0.4200; breaking it may open the door for further decline.
For Investors: Wait for clear reversal signals to appear before making new buying decisions.