Analysis and Projection of OM/USDT
OM suffered a sharp decline after an impressive rise that brought it close to $8.96. In just a few days, the price collapsed over 90%, currently stabilizing around $0.52.
The market shows signs of capitulation, with an extremely high selling volume, indicating panic among investors.
The $0.50 zone is acting as a key support. If it holds, we could see a technical rebound towards $0.80–$1.00.
However, caution: if the $0.50 support is broken, OM could fall to the $0.15–$0.18 zone, and even retest historical lows near $0.018 if fundamental issues persist.
Short-term outlook: Possible rebound.
Medium-term outlook: High risk of another decline.
Long-term recovery: Will depend on the project's recovery and market sentiment.
Manage your risk and wait for clear confirmations before entering the market.
