OMUSDT (OM / TetherUS) is currently showing a textbook descending channel breakout on the daily chart. After a steep downtrend, price has formed a tightening channel and is now pushing upward—signalling a potential major reversal. The breakout is supported by solid volume, suggesting accumulation and renewed investor confidence.
This technical foundation comes amid an asset that has suffered a deep correction—down over 90% from its all-time high. Despite this, OM still maintains interest thanks to ongoing development and a committed team working toward recovery. In that context, the current wave of momentum offers a compelling high-reward opportunity.
Analysts tracking the setup note that a confirmed channel breakout could lead to an explosive move—potentially targeting 290% to 300% gains from current levels, given the absence of nearby resistance and the strength of the impulse wave already in motion.
In summary:
* A descending channel has broken, signaling a potential trend reversal.
* Good volume validates the strength behind this move.
* OM remains a speculative but high-upside candidate—as long as investors are cautious of its volatile history.
This setup is ideal for breakout-focused traders with high risk tolerance and a structured plan.
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This technical foundation comes amid an asset that has suffered a deep correction—down over 90% from its all-time high. Despite this, OM still maintains interest thanks to ongoing development and a committed team working toward recovery. In that context, the current wave of momentum offers a compelling high-reward opportunity.
Analysts tracking the setup note that a confirmed channel breakout could lead to an explosive move—potentially targeting 290% to 300% gains from current levels, given the absence of nearby resistance and the strength of the impulse wave already in motion.
In summary:
* A descending channel has broken, signaling a potential trend reversal.
* Good volume validates the strength behind this move.
* OM remains a speculative but high-upside candidate—as long as investors are cautious of its volatile history.
This setup is ideal for breakout-focused traders with high risk tolerance and a structured plan.
✅ Show your support by hitting the like button and
✅ Leaving a comment below! (What is Your opinion about this Coin)
Your feedback and engagement keep me inspired to share more insightful market analysis with you!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🟢🟢🟢Join Our Telegram Here to Get Trades With Entry And Exit 🟢🟢🟢
cryptotelegram.bio.link/
🟢🟢🟢
cryptotelegram.bio.link/
🟢🟢🟢
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.