$OM BEARISH BREAKDOWN – STRONG SUPPORT TEST AHEAD

OM/USDT is currently experiencing a sharp downtrend, trading at $0.2504, with a significant -13.92% drop over 24 hours. After failing to sustain above the recent high of $0.2920, the price has fallen aggressively toward a critical support zone.

🔍 Key Levels:

Resistance Levels:

$0.2650 – Minor resistance from previous consolidation.

$0.2920 – Recent local high before breakdown.

Support Levels:

$0.2427 – Immediate support (24h low).

$0.2300 – Next major support from historical price structure.

📊 Indicators:

MACD: Bearish crossover – confirms downside momentum.

RSI: Near oversold, around 32 – more room for downside before reversal.

Volume: Increasing sell volume – validates the strength of bearish pressure.

Moving Averages: Price below all major MAs (especially 50 EMA on 4h) – indicating bearish trend continuation.

📉 Trade Setup: Short Opportunity

Entry: Around $0.2500 – $0.2550

Stop Loss: $0.2660 (above recent minor resistance)

Take Profit 1 (TP1): $0.2420

Take Profit 2 (TP2): $0.2300

⚠️ Risk Management:

Risk only 1-2% of your capital on this trade.

Stick to the stop loss; don’t average down in a falling market.

Monitor closely around $0.2427 – a bounce is possible due to oversold RSI.

📌 Conclusion: OM is currently under strong selling pressure and may continue its descent unless buyers step in at key support. Only consider long positions if we see a bullish reversal confirmation above $0.2650.

Let me know if you'd like the chart visuals or this formatted for social media posting (Twitter/Telegram)!

#IsraelIranConflict #CardanoDebate #BinanceHODLerHOME #IsraelIranConflict #TrumpBTCTreasury