Here’s a sharp technical and sentiment snapshot of $OM /USDT:
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OM/USDT Market Overview
Current Price: $0.4843
24h Change: -7.77%
24h Range:
High: $0.5253
Low: $0.4545
24h Volume:
OM: 92.48M
USDT: $45.34M
MA60: $0.4838 (Price is hovering just above it)
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Performance Trends
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Technical Insight
Price & MA60: Hovering around the MA60 suggests a possible bounce or further breakdown depending on volume support.
Major Trend: Severely bearish over medium-to-long term. A ~90%+ collapse over 90 days is indicative of major structural weakness or collapse of hype.
Key Support: $0.4545 (24h low); below this opens room to $0.40 and even lower.
Resistance: $0.50–$0.525 range is the first hurdle for any recovery attempt.
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Outlook
Short-Term Bias: Cautious. Bounce potential from oversold zone, but trend is clearly down.
Recovery Needs: Break above $0.525 with strong volume for sentiment shift.
Risk Note: Such massive drawdowns often reflect deeper issues — check fundamentals or recent news.
Would you like a potential trade setup or help assessing whether OM is worth holding at this stage?
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