Signal: OM/USDT Oversold Reversal Signal – Dead Cat Bounce or Opportunity? #DigitalAssetBill

Current Price: $0.4310 (▼5.30%)

Crash High: $6.8680

Crash Low: $0.3700

Drawdown: -94%

Overview:

OM/USDT witnessed a historic crash, wiping out nearly all of its value in a matter of hours. The price has now consolidated just above $0.37, showing minor signs of recovery with flattening volume and RSI rebounding slightly from extreme oversold.

Support Levels:

$0.3700 (Recent bottom)

$0.3000 (psychological zone)

Resistance Levels:

$0.4974 (MA7)

$0.7500 (initial resistance zone)

$1.7502 (MA25 – strong resistance)

Indicators:

RSI (6): 14.52 – Deep oversold, possible rebound zone

MACD: Slight bullish crossover forming

Volume: Dying down after panic spike

Trading Strategy:

High-Risk Entry Zone: $0.42–$0.45

Take Profit 1: $0.65

Take Profit 2: $0.90

Stop Loss: $0.35

Scalp/short-term bounce possible; avoid long-term holding without news

Outlook:

Market may offer a short-term relief rally (dead cat bounce). Only for high-risk traders with quick exit strategy. Strong fundamentals or official clarification needed for recovery beyond $1.

Disclaimer: High-risk asset. Not financial advice. DYOR.