🔍 Analysis of the asset OM/USDT - consolidation before the resolution?
📉 Current position:
The price of OM/USDT is trading in a bearish descending channel, with a gradual decline against the backdrop of low volume and upward pressure.
The support level at $0.0206 remains critical - a break will lead to a new wave of decline.
📊 Technical indicators:
🔴 SMA 7/25/99: the price is below all averages - a clear downtrend.
🧱 Ichimoku: the cloud ahead is dense and bearish - the trend continues downward.
🌀 Bollinger Bands: the price is at the lower part of the range, hinting at oversold conditions, but there are no reversal signals.
🟣 Parabolic SAR - remains above the price, confirming upward pressure.
📉 Key resistance zone:
$0.28–0.33 - breaking through this zone will give the first signal for a reversal. For now, only bounces within the channel.
📌 Conclusion:
🔻 The asset is in a strong bearish trend. Breaking the lower boundary of the channel and the level of $0.0206 may intensify capitulation.
⚠️ The long potential will only appear after securing above $0.33 and exiting the Ichimoku cloud.
🧠 Recommendation:
Traders - wait for confirmation of the signal.
Investors - be cautious, the asset is extremely risky in the current phase.
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