$OM ALERT: โIs $0.50 Next ๐
Shocking Breakdown Inside
๐ฎ Future Outlook:
$OM looks primed to retest the $0.50 zone after failing at the 7โhour MA (0.535) and edging below the 25โperiod MA (0.525). If selling pressure ramps up, a slide toward $0.48โ0.50 is likely before any meaningful bounce. ๐
โ๏ธ Technical Bias: Bearish
Price under 99โhour MA (0.575), downtrend intact
MACD histogram shrinking, DEA crossing below DIF
Lower highs confirmed on the hourly chart
๐ผ Trade Idea: Go Short
โข Entry: $0.5320 ๐
โข Take Profit: $0.5000 ๐ฏ
โข StopโLoss: $0.5400 ๐
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