$OM Rejected at $0.5177 – Caution as Bulls Lose Momentum
$OM /USDT surged to $0.5177, but the rally is stalling with price now pulling back to $0.4866 (+33.50%). The recent candles show a clear rejection from highs and short-term weakness.
Chart Breakdown:
• Resistance Hit: $0.5177
• Current Price: $0.4866
• Support Zones: $0.4600 and $0.4280
Bearish Targets:
• TP1: $0.4600
• TP2: $0.4280
• TP3: $0.4000 (if momentum fades further)
Sellers are stepping in after an extended move up. If $OM fails to hold above $0.4800, we could see a deeper retracement as profit-taking accelerates.
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