$OM /USDT :

🧭 Market Structure Overview

Current Price: ~$0.4178

Trend: Bearish overall with consistent Lower Highs & Lower Lows

Key Structure Points:

Multiple Break of Structure (BoS) confirm ongoing downward trend.

Recent CHoCH zones show minor attempts at bullish reversal, but were invalidated.

Downtrend line is respected with clear rejection around ~$0.445–$0.450 zone.

🧱 Support & Resistance Zones

Resistance Zones:

~$0.445–$0.450 (confluence of downtrend line and horizontal resistance)

~$0.460–$0.470 (supply zone from previous highs)

Support Zones:

~$0.410 (local support price has tested multiple times)

~$0.400 – Psychological level and likely next demand area

📊 RSI Analysis

RSI (14): 42.16 – weak bullish momentum

Recently touched 60+ levels but rejected, indicating no strong buying pressure.

RSI currently cooling off after minor bounce – no divergence visible yet.

📉 Bearish Signals

Price rejected strongly at the downtrend line.

Consistent BoS without successful CHoCH above $0.450 suggests sellers still in control.

Consolidation under previous support is a bearish continuation pattern.

🔄 What to Watch For
🟥 Bearish Continuation (Primary Bias)

Breakdown of $0.410 could target:

$0.400 (round number + structural level)

$0.385 (next lower low)

🟩 Bullish Reversal (Lower Probability)

Needs a CHoCH and close above $0.445, breaking the trendline convincingly.

Look for RSI divergence + volume spike for entry confirmation.

⚔️ Trade Strategy Insight

Short Bias: Below $0.445, target lower support levels.

Wait & See: Avoid longs unless a confirmed reversal above trendline happens.

Stop-Loss Ideas:

Shorts: above $0.450 zone

Longs (if taken): tight stop below $0.410