OMUSDT Forming Descending Channel

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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