🚨$OM – Collapse of the Decade🚨
Devastating Drop from $6.50 to $0.50
The $OM trading pair has experienced a dramatic crash, plummeting from over $6.30 to a staggering low of $0.3700 marking an almost 90% decline in an hour. This near 14x loss has left the crypto community reeling.
🔘Current Market Snapshot:
⭕Current Price: $0.6558
⭕24h High: $6.3501
⭕24h Low: $0.3700
⭕Trading Volume (OM): 233.36M
⚡What Triggered the Collapse?
Such a sharp decline often signals major liquidations or potentially critical, undisclosed news that's called as a rug pull. The velocity of the drop suggests that large-scale panic selling or forced exits may have played a significant role.
🚫What’s Next for OM?
Caution is highly recommended. After extreme volatility like this, the market can remain unstable.
🚨If $OM manages to stabilize above the $0.65–$0.70 range, there may be room for a technical rebound. However, failure to hold these levels could invite another wave of selling pressure.
📝 Final Note:
Exercise prudence. Monitor the price action closely and consider risk management strategies before making any moves.
Go for your retracement from here..