MyCryptoParadise_Simon

OM/USDT Likely to Go for a Bull Run? 🚀👀 OM Analysis

Long
OKX:OMUSDT   MantraDAO/Tether
💎Yello, Paradisers! get ready for a potential trading opportunity with OMUSDT. The asset is currently demonstrating substantial activity within the demand zone, hinting at a possible upward trend.

💎MantraDAO has been rigorously adhering to a trading channel pattern. After breaking above this channel, we anticipate a move towards a resistance level, followed by a swift retracement, in line with its historical pattern.

💎There's a strong chance of a bullish development starting from the support level of approximately $0.02098. Now that OM has successfully broken out of the trading channel in an upward direction, we expect it to target resistance levels around $0.0307.

💎Accurate timing is vital for savvy Paradisers. It's key to identify the best entry points during this upward phase, and it's wise to avoid entries at the peak of the trend.

💎However, remain cautious, as there is also a risk of OM dropping below the $0.02098 support level. A fall beneath this critical threshold may cast uncertainty on the likelihood of a continued upward trajectory.
Trade closed: target reached:
Bingo! #MantraDAO is dancing to our tune, up 196% just like we predicted.
Comment:

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