🔻 $OM /USDT – Setup in Progress
📉 Technical Insight:
A rising wedge breakdown is forming, signaling increasing sell pressure on the lower timeframes. A potential correction may drive the price toward lower support levels.
📊 Market Snapshot:
Current Price: $0.2657
Resistance Level: $0.2678
Support Level: $0.2606
🔴 Trade Setup – Short Opportunity
Entry Zone: $0.2655 – $0.2660
Take Profit Targets:
• TP1: $0.2635
• TP2: $0.2620
• TP3: $0.2608
Stop Loss: $0.2682
⚠️ Risk Management:
Always manage your position wisely:
Risk only 2–3% of your capital per trade
Honor your stop-loss to limit downside
🧠 Market Outlook:
Momentum is tilting bearish. If the wedge pattern plays out as expected, further downside is likely. Watch for confirmation and stay disciplined with risk parameters.
#om #Trump2024 #Write2Earn #MetaplanetBTCPurchase #MarketRebound