OMUSDT → Flag (correction) before the rally

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OMUSDT still looks quite interesting. Consolidation in the flag format is forming within the bullish trend. The structure looks strong especially against the background of a weak altcoin market

Bitcoin after Trump's speech yesterday was able to overcome local resistance and entered the buying zone. If the price can hold above 96.5 - 97K and continue its growth, some altcoins may have a bullish driver, which could push them up in general, including the already strong OMUSDT
Technically, the focus is on the local descending flag channel, within which there are two key supports 7.324, 7.213. A false breakdown could trigger a continuation of the upside.

Resistance levels: 7.755
Support levels: 7.324, 7.213

The trigger for growth continuation in our case is the channel border and resistance at 7.755. At the moment, we are still far from this zone and the coin is heading towards the support. A retest of the liquidity zone may end with a bullish impulse.

Regards R. Linda!

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