⚠️ Analysis and forecast for $OM: scam coin, time to exit? 📉
As of May 21, 2025, 08:52 EEST, the price of $OM on Binance is $0.4546, with a 16% increase over the last 24 hours. Trading volume has risen to $3.89M (according to X), but behind this surge are alarming signals. Previously, on April 13, 2025, $OM crashed by 88%, from $6.35 to $0.67, which many on X described as a classic 'rug pull' or insider dump. The history of $OM, including ties to questionable figures like Denko Mancheski (Reef Finance), indicates manipulation.
Technically, $OM looks unstable. After the April crash, the price stabilized around $0.37–$0.47, but the current RSI (14) at 65 (TradingView data) is approaching overbought territory. Key levels: support — $0.37, resistance — $0.50. A breakout above $0.50 is unlikely due to low confidence, and a drop below $0.37 could send the price to $0.20.
Forecast: in the short term (until the end of May), $OM may show a false rise to $0.50, but by July 2025, a decline to $0.20–$0.30 is likely due to investor distrust. The long-term forecast for 2026 is bleak — further decline to $0.10 is possible if the project does not restore its reputation.
Time to exit? After a 16% rise and the current price of $0.4546, exiting looks like the only reasonable decision. Scam risks are high: lack of transparency, questionable team, and a history of manipulation (according to Chaotikk Planet) make $OM extremely unreliable. Set a stop-loss at $0.35 and withdraw funds. Don't fall for FOMO — $OM may crash again! #CryptoAdoption OM #Binance #Cryptoscam