Positive price movement expected soon: The current trading space suggests that OM’s price may recover to new highs, becoming the focal point of attention in the trading community. Positive technical indicators show that upward momentum is gradually forming.
Important support level: The price level at 3.39 USD serves as a strong support zone, with numerous unsuccessful attempts to pull the price below this threshold. This indicates increasing buying interest, setting the stage for future upward trends.
Importance of trading volume: Trading volume will be a decisive factor for price breakout. History shows that significant price increases often accompany a notable rise in trading activity, providing momentum for OM’s price to rise further.