Technical analysis by Zorroreny about Symbol OMG: Buy recommendation (5/23/2025)

OMG has done same corrective pattern as in 2018-2020 period with bounces on same fibb levels. It's not yet clear if we get one more scam dump (like Mar 2020 event) or the bottom is already in and we reverse from here. In any case longterm plan is bullish and I expect push up to break major diagonal resistance line (if we are repeating moves than 1st impulse should go to ca. 1.7$ range), correct a bit and continue pumping toward fibb 0.236 aka 12$ range where we have major diagonal resistance line which will very likely cause a rejection.