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OMUSDT

#OMUSDT – Critical Breakout Zone📊 BYBIT: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: ➡️ BYBIT: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. 🚀 BYBIT:OMUSDT.P is poised for a breakout—watch volume and direction closely!
by MoriartyTrading
OM/USDT Surges After Breakout: Next Stop $5?OM/USDT is showing strong bullish momentum after breaking out from the descending trendline, indicated by the red line. The price has recently made a sharp upward move and is currently trading above the support trendline, which suggests that the uptrend could continue. The price consolidated within the grey zone for a while, and after breaking above this, it surged higher, pointing to strong buying interest. The recent breakout indicates that we could see further upward movement toward the next resistance levels. The next potential target for OM/USDT is around the $5.00 level, with support from the trendline and previous breakout zones providing a solid base for the rally.
Long
by unichartz
2
The key is whether the price can be maintained above 5.7948 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (OMUSDT 1M chart) The chart was broken by a sharp rise. The point to watch is whether the BW(100) indicator or HA-High indicator is formed on the 1M chart. - (1D chart) It formed an important support and resistance zone by moving sideways in the Fibonacci ratio range of 0(3.1730) ~ 0.382(4.4436). Therefore, if it falls below this range, I think it would be better to stop trading and wait and see. - The high boundary zone is formed in the 4.8752-5.3288 range. Accordingly, if it falls without support near 5.7948, the key is whether it will be supported near 4.8752-5.3288. - The strong support zone is near 3.7312. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
OMUSDT: Potential Long Setup Following Elliott Wave ABC PatternHi everyone, I'm looking at a potential long opportunity on BINANCE:OMUSDT , which appears to be repeating an Elliott Wave ABC pattern. As seen in mid-November 2024, the price completed a similar pattern: a strong initial rally (Wave A), a pullback to the 0.618 Fibonacci retracement (Wave B), and a final surge (Wave C) to the 2.00 and 3.00 extensions. Currently, OMUSDT seems to be in the Wave B correction phase, potentially offering a good entry point. If the pattern holds, we could see a move towards the 2.00 Fibonacci extension (around $5.600) and potentially to the 3.00 level, exceeding the previous high near $5.100. I've taken a long position with a stop-loss set around $4.00. Notably, a similar setup on SKLUSDT a few hours ago is currently showing a 15-20% profit, adding some confidence to this analysis. Good luck with your trades! Disclaimer: This is not financial advice. Trading involves risk. Do your own research.
Long
by Arash-RK
3
TradeCityPro | OM: Upward Momentum and Airdrop Anticipation👋 Welcome to TradeCityPro! In this analysis, I will examine the OM coin, which is associated with the MANTRA network. This coin is about to start its airdrop rounds in a few days. 📅 Daily Timeframe: High Upward Momentum and Readiness for the Next Leg In the daily timeframe, we are observing a very strong and powerful upward trend. Over the past year, this coin has grown more than 5000% and has garnered significant attention from the crypto community and enthusiasts. 🔍 Currently, a curved upward trend line has emerged in the latest cycle, starting after the price bottomed out at $0.6352 and corrected to $1.6071 before starting a new upward move reaching $4.2374. ✨ The price has touched this upward trend line several times and now, having reached the resistance at $4.2374, has formed a ranging box between this resistance and $3.4144, potentially undergoing reaccumulation. Breaking above $4.2374 could significantly impact the further price increase of this coin. 🚀 If the ceiling breaks, the next price targets based on Fibonacci would be around $10 and $20, technically feasible as the price has not corrected significantly and has maintained market momentum. However, reaching a $20 target would require OM to enter the top 10 market cap, surpassing cryptocurrencies like AVAX, SUI, and TON, which is a challenging task. 🧩 The RSI oscillator is ranging between 40.35 to 59.93, and breaking either of these areas will significantly impact the market trend. A break below 40.35 could increase the likelihood of a correction down to the $2 area, around the 0.5 and 0.618 Fibonacci levels. Breaking above 59.93 would increase the likelihood of surpassing $4.2374. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, we see a long-term 47-day box, which is very clean and has well-defined ceilings and floors between $3.4144 and $4.3140. Breaking either of these areas would provide a good position. 📉 For a short position, breaking $3.1440 is suitable with the next supports at $2.5442 and $2.2264, near the 0.5 and 0.618 Fibonacci levels of the daily timeframe. 📈 For a long position, breaking $4.3140 is the only long trigger for now, and no target can be set for this movement until a new structure is formed. 🔑 The market volume is nearing its lowest point, increasing the likelihood of breaking one of these areas each day. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
10
OM/USDT: BULL FLAG BREAKOUT! 200% PUMP INCOMING!!🌟 Hey Traders! 👋 If you're ready to capitalize on premium trade setups, hit that 👍 and follow us for more high-value insights that deliver results! 💹🚀 🔍 Technical Overview 🔥 OM is looking exceptionally bullish! It has broken out of a bull flag pattern on the 8-hour time frame and is currently retesting the flag—a prime accumulation zone. This setup hints at explosive upside potential. Here’s the play: 📈 Entry Zone: $4.00–$4.20 🎯 Target: 150–200% gains 🛡️ Stop-Loss: $3.62 🌐 Fundamental Analysis: What is OM? OM is the native token of the MANTRA DAO ecosystem, a decentralized finance (DeFi) platform focused on staking, lending, and governance. It empowers users to actively participate in the project while earning rewards. Key Growth Drivers DeFi Adoption: OM is positioned as a key player in the growing DeFi space, with increasing traction. Utility Expansion: The token is used for governance, staking, and liquidity mining, creating constant demand. Strong Community Support: Backed by a loyal community, OM continues to innovate and grow its ecosystem. 🚀 The Opportunity OM is not just a technical setup—it’s a fundamentally sound project with strong growth potential. This is your chance to accumulate before the market catches on. 💬 Your Take? Do you see the same upside potential? Drop your analysis and strategies in the comments below—let’s collaborate and ride this wave together! 🌊🔥 👉 Follow us for more market-winning trade setups and real-time updates!
Long
by CoreCrypto1
OM / USDT: constructive actions along support zone The uptrend (both macro and mid-term) looks strong and intact. The price consolidated along the upper zone of mid-term support: 3.35-2.78, while waiting for 21 ema to come closer (the nature of the upward trend from the lows of 2023 to the April peaks of 2024 respected this moving average very well showing the coin's "character"). While I cannot completely rule out a correction to the ascending 21ema in the coming days, until price holds above the local support mentioned above, my next resistance targets are: 6.8-7.36 with a possible run up to 12.70 Wishing you successful and profitable trading and investing decisions and thank you for your attention!
Long
by artemfedorov
Should I Close My OMUSDT Trade at 3300% Profit?Hello traders! 👋 I need your input on a crucial decision regarding my OMUSDT trade. I started accumulating OM Token (OMUSDT) from April 2023 to September 2023, strategically buying the dips and bringing my average buy price to 0.021. Fast forward to today, the current price stands at 0.718, representing a remarkable gain of over 3300%! 🚀 To manage risk and secure profits, I began distributing my accumulated holdings in December 2023, selling off 40% of my position. Currently, I hold 30,000 coins at an average buy price of 0.021. Now, here's where I need your insight: OMUSDT recently hit a new all-time high (ATH) on March 19th, 2024, reaching 0.94953. With the price approaching the previous ATH of 0.88760, I'm contemplating whether to close the remaining portion of my trade or continue holding for further upside potential. Though being a Long Term Accumulator, i prefer to HODL it , but i think i should close some more major part of it like 60% in total and hold rest of 40% i have already sold 40% of holding and rest 30000 coins i hold! Peace Out!
Long
by shyamnair
6