$OM /USDT Sell Trade Signal 🚦🛑

Sell Trade Signal – Rejection from the Resistance Zone!

$OM/USDT is showing signs of exhaustion after failing to hold above the $0.3266 level. The price is currently retracing towards short-term support near $0.3050. A drop below the mid-range structure with declining volume indicates the potential for a continued downtrend. The MACD indicator is flattening out and the RSI is trending down from the overbought area, suggesting a loss of momentum.

Trade Setup (Sell):

Entry: $0.3110 – $0.3160

Target 1: $0.3020

Target 2: $0.2940

Stop Loss: $0.3195

Why Sell?

After several rejections from the $0.3260–$0.3280 area, $OM has failed to achieve a higher high. The recent candles show strong upper wicks and weakness below $0.3168, confirming the entry of sellers. A break below $0.3050 will open up more room for a decline.

Risk Management Advice:

Use a dynamic stop loss once the price breaks $0.3050. Avoid excessive leverage - sell setups require patience and strict discipline.

Sell Wisely — $OM