链上无名

Look at this OM/USDT... It has recently dropped quite sharply.
After the crash, the price is now hovering around 0.64, and the trading volume has also decreased. It has temporarily stabilized, not falling much further, but there's no talk of any rebound.
The moving averages are all far above the current price and pointing downwards, which indicates what? It indicates that the downtrend is very strong, with a lot of trapped positions above, making it difficult to rise.
This coin has just experienced a significant plunge and is now 'lying flat' at a low level to catch its breath. The technical chart looks very weak, and the risks are high. Want to catch the bottom? You need to be cautious; don't end up being the one holding the bag. #om #链上无名