$OM /USDT short trade signal 🚦 🛑
BEARISH RETEST IN PLAY — PRICE STRUGGLING BELOW REJECTION ZONE!
$OM rallied sharply to test the $0.48–$0.51 supply zone but faced strong rejection, forming a bearish structure just below resistance. The latest candle action shows price attempting a weak recovery, but failure to reclaim $0.4650 could open room for another drop.
Trade Setup:
Entry Zone (Short): $0.4530 – $0.4650
Targets (TP): $0.4300 / $0.4050
Stop Loss (SL): $0.4720
Market Outlook:
The strong rejection from the upper resistance band combined with lower highs signals waning momentum. If $OM fails to reclaim key support-turned-resistance at $0.4650, the market may continue its correction toward lower demand zones.
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