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OM / TetherUS

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OMUSDT trade ideas

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Long
by mrchipsss
Will MANTRA (OM) now print 80% correction?On the above 5 day chart price action has rocketed up 6000% since the strong bullish divergence of September 2023. A number of reasons now exist to be bearish, including: 1) Failed price action and RSI support. 2) Regular bearish divergence. Lots of it. 9 oscillators print negatively with price action. 3) A 80% correction is forecast. Can you tell why? Is it possible price action continues up? Sure Is it probable? no. Ww Type: trade, short Risk: you decide Short entry: From 76 cents Return: 80%
Short
by without_worries
OM/USDT: Buy Stop at 0.9750 on Consolidation Breakout, 1:2 R/ROM/USDT is gearing up for a breakout from its current consolidation pattern. Placing a buy stop at 0.9750 to capitalize on the expected upward move following the breakout. Targeting a risk/reward ratio of 1:2, this setup is designed to exploit the momentum beyond the consolidation zone. As the price breaks and holds above 0.9750, we anticipate a swift move towards higher price levels. Ensure to monitor the trade closely for optimal performance and adjust stops and targets as the market evolves.
Long
by IamForexTrader_com
#OM/USDT#OM The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it The price rebounded well from the green support area at the 0.5800 support level, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold saturation on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.6700 The first target is 0.8100 The second target is 0.9000 The third goal is 1,000
Long
by CryptoAnalystSignal
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