🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
📉 ANALYSIS #OM/USDT 3D
OM continues to move within a descending channel, but the latest candles indicate a slowdown in the decline and an attempt to form a bottom at the support of $0.19–$0.21.
🔍 Chart details:
The price is holding at the lower boundary of the wedge marked by white lines.
MA(7) and MA(25) are narrowing around the price, indicating a possible consolidation.
Bollinger Bands are tightly compressed — preparing for an expansion (increase in volatility).
The Ichimoku Cloud remains above the current prices, serving as resistance in the $0.31–$0.34 range.
Parabolic SAR below the price gives the first bullish signal.
🎯 Key levels:
Support: $0.19–$0.21
First resistance: $0.31
The long-term target when reversing: $0.48
⚠️ The output: OM is at a critical point at the lower boundary of the wedge. If the price holds and shows growth above $0.21, it will strengthen the chance of breaking out of the downward range and reversing the trend.
#OMUSDT # #Altcoins #