$OM /USDT 1H Analysis (Spot Only): Key Trade Setup 🚀
OM is trading within an ascending channel and consolidating near the $4.05-$4.08 resistance zone (purple area). A breakout above this level could trigger strong bullish momentum!
Trade Details:
Entry: Above $4.10 (on confirmed breakout).
Targets: $4.30 - $4.50.
Stop Loss: Below $3.88.
Key Notes:
Price is holding above the trendline support—breakout confirmation signals bullish continuation.
Watch for a volume surge as it could validate the move.
Failure to hold could see a retest of $3.75.
Current Price: $3.9266 (-1.99%)
Stay ready for the breakout and manage risk!