Why #OM Is Ripe for a Short Setup
🔻 Dead Cat Bounce or Exit Liquidity?
Key Reasons to Watch for a Short:
1️⃣ Dumped from 9.17 to 0.35 — over 96% crash
2️⃣ RSI (6) = 17.8 → Still oversold, but no buyers stepping in
3️⃣ MACD bearish with dying volume = momentum fading fast
4️⃣ No recovery structure → Just flatlining around 0.43
5️⃣ BB broken → Low volatility + no demand = prime short zone
Short Plan:
🔹 Wait for a weak bounce to 0.50–0.60
🔹 SL above 0.67
🔹 TP back to 0.35 or lower
This looks like a trap for late buyers. Don’t be the exit.
