$OM
Based on the OM/USDT 4-hour chart provided:📊
Key Observations:✅
1.Recent Highs: OM reached a peak of $4.5352, indicating strong bullish momentum.
2.Sharp Rally: A parabolic move from $2.1387 to above $4 within a short time, showing extreme volatility.
3.Current Price Level: Consolidating around $4.31, suggesting a potential for continuation or a reversal.
4.Support and Resistance:
•Immediate Support: $3.42
•Key Resistance: $4.53 (recent high).
5.Volume and Momentum:
•Increased volume suggests high interest.
•Momentum indicators likely point to overbought conditions.
Bullish Price Predictions:🎯🎯
1.Immediate Resistance Break: $4.60 - Testing new highs.
2.Next Target: $5.00 - Psychological resistance level.
3.Extended Rally: $5.50 - Continuation of bullish sentiment.
4.Higher Target: $6.00 - Further upside if buying pressure remains.
5.Parabolic Move: $6.50+ - If momentum continues without significant correction.
Bearish Price Predictions:🎯🎯
1.Immediate Pullback: $4.00 - Retest minor support.
2.Support Test: $3.42 - Testing strong support from recent consolidation.
3.Deeper Correction: $2.90 - Breaking below significant levels.
4.Bearish Confirmation: $2.50 - Continuation of downtrend if selling persists.
5.Critical Low Retest: $2.10 - Testing previous support zone before the rally began.