🟢OM in Brief🟢

🟢OM Explodes, Take LONG

🟢Optimal Trading Setup: Long (BUY)
🟢Entry Point: $6.80 - $7.00 (50% of the deposit)
🟢Take-Profit 1: $8.20 (fix 50%)
🟢Take-Profit 2: $9.00 (full exit)
🟢Stop-Loss: $6.20 (max. risk 3%)

🟢OM/USDT (Binance, 4H) showed a strong upward impulse! Will we continue to grow or wait for a correction? Let's analyze the setup!

🟢What is indicated on the chart?
🟢BOS (Break of Structure) - Breakout of the structure:

🟢Confirms the uptrend.
🟢CHoCH (Change of Character):

🟢Local CHoCH indicated a slowdown before the upward momentum.
🟢EQH (Equal Highs):

🟢Indicated a liquidity zone that was taken by a sharp rise.
🟢Weak High:

🟢Can be broken if bullish pressure continues.
🟢Demand zones (marked in blue):

🟢Main support around $5.00 - $5.50, where the rise began.
🟢Strong Low around $3.50:

🟢Why long?
🟢Strong upward momentum (capture of liquidity and breakout of local resistance).
🟢Lack of strong levels above – the price can easily reach $8.20 and higher.
🟢Strong support in the $5.00 - $5.50 area – a correction to this zone is unlikely.

🟢Conclusion: We are waiting for a correction to the $6 zone.80 - $7.00 and we are taking a long position with targets at $8.20 - $9.00!

$OM