Cryptocurrency $OM is once again attracting the attention of traders and investors, demonstrating a strong bullish momentum. Following a confident rebound from a strong support zone of 0.064, the price of OM has entered active growth and has consolidated above the previous range of consolidation. This indicates the continuation of the upward trend and an increase in buying pressure.
Technical analysis $OM : the market structure remains bullish
From the perspective of technical analysis of OM, the current movement looks constructive. The price is forming higher highs and higher lows, which is a key sign of trend continuation. The increase in trading volumes confirms interest from market participants, and momentum indicators continue to signal in favor of the bulls.
The correction after the impulsive growth was moderate and healthy. Buyers quickly regained control, which reduces the likelihood of a sharp reversal and indicates the stability of the current market structure.
Key support and resistance levels of OM
At this time, the key levels to watch remain:
Support zone of OM: 0.072 – 0.074
The nearest resistance of OM: 0.085 – 0.088
As long as the price of OM trades above the support area of 0.072–0.074, the scenario of further growth remains a priority. A breakout and consolidation above the resistance of 0.085–0.088 could pave the way for a new phase of upward movement.
Price forecast $OM : possible continuation of growth
Given the current market structure, the forecast for OM remains moderately positive. Bullish momentum is maintained, the trend is not broken, and the price behavior resembles a phase of accumulation before the next impulse rather than the end of growth.
However, as with any cryptocurrency trading, it is important to consider the increased volatility of the market and to apply sound risk management.
Conclusion
The price of OM maintains a bullish trend
The technical structure of the market remains unchanged
Support is holding, momentum is on the side of buyers
The scenario of continued growth remains relevant
Monitor key levels, analyze volumes, and make trading decisions based on your own strategy and risk management.
