$OM 🚨 Quick Analysis: OM/USDT 📉📊
🔹 Current Price: 0.2523 (-11.75%)
🔹 Bollinger Bands (20,2):
- Resistance: 0.2724 (UP)
- Average: 0.2552 (MB)
- Support: 0.2380 (DN)
📌 What to expect?
- If the price holds at 0.2380, it could bounce back to 0.2552 (MB).
- If it breaks 0.2380, the next key support is at 0.2300-0.2200.
- If it exceeds 0.2552, the target would be 0.2724 (UP).
🔥 My opinion:
The market is in a short-term downtrend, but if there is a bounce from 0.2380, we could see a recovery. 👀 Watch out for the volume! If the drop continues with high volume, selling pressure might persist.
🎯 Strategy:
✅ Buy (LONG): Only if it bounces at 0.2380 with volume, target 0.2552.
❌ Sell (SHORT): If it breaks 0.2380, with a target of 0.2300.
⛔ Stop Loss: Below 0.2350 (for LONG) or above 0.2420 (for SHORT).
🔍 What do you think? Bounce or bearish continuation? 👇 #MarketPullback #Write2Earn #TradingTales $OM
(⚠️ This is not financial advice. Do your own research.)
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