Technical analysis by BobojonUsmonov about Symbol OM: Buy recommendation (6/17/2025)

BobojonUsmonov

This chart is a technical analysis idea for the OM/USDT pair on the daily timeframe from TradingView. Here's a breakdown of the idea: 🔍 Overview Pair: OM/USDT Exchange: Binance Timeframe: 1D (Daily) 📉 Current Market Context The price is in a strong downtrend, forming a falling wedge (marked with red trendlines), which is typically a bullish reversal pattern. Price is currently around $0.2539. 📊 Key Levels (Support Zones in Green) $0.2539 (Current Price) $0.2390 $0.2285 $0.2250 $0.2224 $0.2100 $0.1882 $0.1115 $0.1016 These green lines represent support zones—potential reversal areas if price falls further. 🟨 Yellow Boxes These are higher time frame demand zones or accumulation areas, suggesting stronger possible reversal points if price drops deeper. Placed between $0.14 - $0.04 zone. 📈 Red Arrows Indicate possible reversal paths: A bounce from current levels A dip into deeper support zones before bouncing A flush into yellow zones before reversal 🗓️ Time-Based Prediction The note says: “19, 21, 23, and 30th June might be positive for OM” This suggests a time cycle forecast—the analyst expects bullish price action on or around these dates, possibly based on astro-cycles, Gann analysis, or time symmetry. "Despite expecting lower prices, the setup signals that investors are preparing for accumulation—especially near key dates and support levels." ✅ Summary Wait for wedge breakout confirmation to go long. Key bullish reversal dates: June 19, 21, 23, and 30 Multiple layered supports and demand zones to watch.19, 21, 23, and 30th June sorry for june i always confuse about his months