$OM /USDT – Bearish Pressure Near Support Zone!
Current Price: $0.3899 | 24h Change: -2.86%
24h High: $0.4036 | 24h Low: $0.3750
24h Volume: 60.42M
$OM / $23.67M USDT
Category: Layer 1 Altcoin
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🔻 Trade Setup – Short Opportunity
Sell Entry Zone: $0.3920 – $0.3980
Take Profit Targets:
• TP1: $0.3820
• TP2: $0.3735
• TP3: $0.3600
Stop-Loss: $0.4040
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📉 Market Outlook:
MACD is flat with a slight bearish divergence (MACD: +0.0005, DIF < DEA). Price is rejecting from the $0.40 zone with lower highs forming. Weak momentum suggests a potential retest of key support at $0.375.
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⚔️ Action Plan:
Wait for rejection near $0.398 for a clean entry. Confirm with volume drop and MACD crossover. Trail SL tightly as price approaches TP2.
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💡 Pro Tip:
If bulls reclaim $0.404 with strength, cut losses quickly—this would invalidate the short setup. Risk management is key on choppy L1 plays.
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