PClenton

Mantradao S/R levels based n Binance data

BINANCE:OMUSDT   OM / TetherUS
An updated, alternative chart for short-to-medium-term levels of support and resistance for OMUSDT based solely on data from Binance (as this is the exchange trading the most OM volume when last checked). Most resistance is expected around the 44 cent level, decreasing thereafter as the price rises. Downside target is initial price at Binance listing. The fundamentals use cases of this token probably mean it's highly undervalued, though confirmation of a trend reversal is advisable.

There may be signs of a reversal following the recent dip: MACD cross & potential ascending triangle in previous days, not to mention OM nearing the end of a descending wedge. It is also of not that OM has not been following the same path as other alts recently.
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