Crypto Man MAB
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$OM Price Analysis: Downtrend Deepens, But Is a Relief Bounce Ahead?
OM/USDT is currently trading at $0.3898, down -6.07% on the day and continuing its multi-week downtrend on the 4-hour chart. The token has lost over 93% in the last 90 days and nearly 70% in the last 180 days, making it one of the steepest declines among major altcoins recently.
Key Observations:
Support Zone: The price is hovering just above the $0.38 level, which could act as a short-term support.
Volume: Consistently low, signaling waning interest or accumulation at lower levels.
Trend: Still clearly bearish with no strong bullish reversal signals yet.
What's Next?
A break below $0.38 could send OM toward $0.35 and even $0.30. However, a temporary bounce is possible if price holds support and volume begins to spike. Watch for a reclaim of $0.42 to suggest a short-term trend reversal.
Conclusion: OM is in a deep bear phase. Traders should remain cautious but monitor closely for any oversold bounce setups near current support.
#MarketPullback #om #CryptoManMab
OM/USDT is currently trading at $0.3898, down -6.07% on the day and continuing its multi-week downtrend on the 4-hour chart. The token has lost over 93% in the last 90 days and nearly 70% in the last 180 days, making it one of the steepest declines among major altcoins recently.
Key Observations:
Support Zone: The price is hovering just above the $0.38 level, which could act as a short-term support.
Volume: Consistently low, signaling waning interest or accumulation at lower levels.
Trend: Still clearly bearish with no strong bullish reversal signals yet.
What's Next?
A break below $0.38 could send OM toward $0.35 and even $0.30. However, a temporary bounce is possible if price holds support and volume begins to spike. Watch for a reclaim of $0.42 to suggest a short-term trend reversal.
Conclusion: OM is in a deep bear phase. Traders should remain cautious but monitor closely for any oversold bounce setups near current support.
#MarketPullback #om #CryptoManMab
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OM
0.3789
-5.88%
