Yello, Paradisers! Is #OMUSDT on the verge of a massive bullish reversal?
💎#OM is showing a high probability of bullish continuation from a strong support zone. We've seen #OM consistently respect the descending resistance, recently breaking upward and completing a retest phase. Currently, it’s approaching support at $0.7422, raising the probability of holding momentum at this key level and planning a bullish reversal.
💎If #OMUSD can successfully sustain momentum, there is a high probability it will break above the resistance at $0.9011 and make a robust bullish move, targeting levels above this resistance zone. The price has already tapped this support level and made a significant upward move. We're expecting a repetition of the same reaction at this support level.
💎However, as sagacious traders, we must consider all probabilities. What if the price fails to take an upward ride from the support at $0.7422 and loses momentum? In such a scenario, we are looking for a bullish rebound from the lower support at $0.6953. Breaking this support would clearly indicate that seller sentiment is in control, and #OM could drop significantly
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴