$OM /USDT Short Trade Signal š„šÆ
Current Price: $4.6374
Trade Setup:
Entry Zone: $4.6500 - $4.7500
Stop Loss: $4.9000 (protect your downside risk)
Targets:
Target 1: $4.3000
Target 2: $4.0000
Target 3: $3.7000
Market Context:
Price is testing a strong resistance zone near $4.7500 with multiple failed attempts to break higher.
RSI is in the overbought zone, and MACD is starting to flatten, indicating weakening bullish momentum.
A breakdown below $4.5000 confirms bearish continuation, with potential for further downside.
Pro Tip:
Pay close attention to volume as the price tests resistance; strong bearish volume will validate the short setup. Consider scaling out progressively as the price approaches each target.
Let me know if you'd like additional insights or adjustments to the trade!
$OM
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