📊 Technical Analysis – OM/USDT (1h)
Current Price: $0.0759
24h Variation: +15.00%
24h High/Low: $0.0855 / $0.0643
🔎 Overview:
OM/USDT has shown strong bullish momentum in the last hours, with an impressive appreciation of 15%. After reaching the peak at $0.0855, the asset initiated a slight correction and is now testing the short moving average (MA7), which acts as the first immediate support.
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📈 Moving Averages (MA):
• MA7: $0.0770 (above the current price, indicates slight selling pressure)
• MA25: $0.0689
• MA99: $0.0701
The asset remains well above the MA25 and MA99, which preserves the bullish structure in the short term. However, the MA7 is being tested as resistance.
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📉 RSI Indicators:
• RSI(6): 63.42
• RSI(12): 66.91
• RSI(24): 64.51
All three RSIs are in the zone of technical optimism (above 60), but close to the overbought zone. This suggests dominant buying strength, but with potential exhaustion in the short term.
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🔄 Volume:
Significant buying volume during the breakout, followed by a gradual decline — a typical pattern of profit-taking after a strong rally.
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📌 Conclusion:
OM/USDT still maintains a bullish bias, supported by moving averages and high RSIs. However, the failed breakout of the $0.0855 region and the current pullback call for caution.
If the asset stays above the MA25 ($0.0689), the scenario remains constructive. Otherwise, a deeper correction may occur.
Key Zones:
• Immediate Resistance: $0.0770 and $0.0855
• Relevant Support: $0.0701 and $0.0689
