Bullish Breakout: OM has risen by over 16% to $0.077 with massive trading volume, demonstrating strength against broader market fears.
Technical Momentum: Bullish signals confirm the continuation of the upward trend, with a crossover in the MACD indicator and an RSI reading of 62.4, indicating further upward potential.
Fundamental Catalyst: Strong interest is returning due to its focus on Real World Assets (RWA) and obtaining a major regulatory license in Dubai.
Divergent Signals: The delisting of the OM/BTC pair may pose liquidity risk, while a 29.9% APR yield deposit campaign offers rewards.
OM's technical indicators suggest a bullish breakout.
The price of OM has risen by over 16%, moving strongly above its 7, 25, and 99-period exponential moving averages (EMAs).
The positive MACD crossover and RSI at 62.4 confirm the strong momentum.
However, recent net inflows suggest some profit-taking.
$OM
{spot}(OMUSDT)