OM/USDT Technical Analysis & Trade Signal
Current Price: 4.0287 USDT
Trend: Bullish (price is up by 1.06% in the last 24 hours)
Key Levels:
24h High: 4.2900 USDT
24h Low: 3.8634 USDT
Support: 3.8634 USDT
Resistance: 4.2900 USDT
Technical Indicators:
SAR: 4.1921 (Bullish)
RSI: Not provided, but the price increase suggests moderate bullish momentum.
MACD: Implied bullish crossover due to upward price movement.
Volume: 61.08M USDT, indicating active trading and momentum.
Trade Signal:
Buy Signal: Buy at or around 4.02 USDT (current price).
Momentum: Bullish momentum appears strong with a potential continuation towards resistance.
Target Levels 🎯:
1. Target 1: 4.20 USDT (Approaching SAR and resistance level)
2. Target 2: 4.29 USDT (24h High / Resistance level)
3. Target 3: 4.50 USDT (Extended target, breakout above resistance)
Stop Loss: Set stop loss at 3.85 USDT (just below recent low to manage risk)
Trade Strategy:
Buy at current price with targets set at 4.20 USDT, 4.29 USDT, and 4.50 USDT.
Monitor for breakout and volume confirmation above 4.29 USDT for extended gains.
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