📊 OMUSDT.P is consolidating after a strong impulse move, trading near POC ($7.5915), indicating liquidity accumulation. The price is currently trapped in a tight range, suggesting an imminent breakout in either direction.
Recent high volumes indicate strong participation from major players. The question remains—will buyers push the price higher, or will sellers take control and drive it down?
⏱ 1H Timeframe
✅ Overview: ➡️ OMUSDT.P remains in a tight consolidation zone between resistance $7.8215 and support $7.3820. ➡️ POC ($7.5915) marks the high-volume area, making this range critical for the next move. ➡️ Price action within this zone may continue until a confirmed breakout occurs.
━━━━━━━━━━━━━━━━━━ ⚡ Long Plan: ➡️ Enter long above $7.8215 after a strong breakout and confirmation. ➡️ Stop-Loss at $7.7480—below the consolidation range.
🎯 TP Target: 💎 TP1: $7.9435
━━━━━━━━━━━━━━━━━━ 📉 Short Plan: ➡️ Enter short below $7.3820 after confirming weakness. ➡️ Stop-Loss at $7.4740—above the nearest resistance.
🎯 TP Targets: 💎 TP1: $7.2595 💎 TP2: $7.1592
📢 If the price confirms a breakout above $7.8215, an upside move to $7.9435 is likely. 📢 Conversely, a breakdown below $7.3820 could lead to $7.1592.
🚀 OMUSDT.P is poised for a breakout—watch volume and direction closely!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.