Long trade setup for $OM /USDT
Current Price: ≈ $0.2547 USDT
Support Levels:
S1: $0.2490
S2: $0.2444
S3: $0.22996
Resistance Levels:
R1: $0.2749
R2: $0.2894
R3: $0.3690
Trade Targets:
TP1: $0.2749
TP2: $0.2894
TP3: $0.3690
Stop Loss:
Set at $0.2444 (just below S2) to contain downside risk.
🧠 Commentary
Technical indicators on OM/USDT skew bearish overall, with strong sell signals across moving averages and oscillators on both short and longer-term frames . However, a cautious range-bound bounce could still offer upside from support around $0.249–$0.244 to resistance zones near $0.275–$0.289. A clear breakout above $0.275—with volume confirmation—could open toward TP3. However, a drop below $0.244 would invalidate bullish expectations. Enter near current levels with tight risk management, aim to scale out at each TP, and monitor momentum cues (e.g. RSI, volume) closely.