$OM 🚨 #OM/usdt CRITICAL DECISION ZONE! Break or Bounce Coming!
entry zone: 0.2472 - 0.2492 (lower BB support)
tp1: 0.2565 (middle BB)
tp2: 0.2582 (24h high)
tp3: 0.2698 (upper BB)
pattern details:
✦ Descending channel forming on 4H
✦ Repeated rejection at 0.2540 resistance
✦ Now testing make-or-break support
key indicators:
• RSI(6) 32.15 → Approaching oversold
• MACD histogram flattening (0.0001)
• Volume MA(5) declining = selling pressure easing
2 possible scenarios:
1) Bounce from current support → target middle BB
2) Breakdown → potential drop to 0.2415
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💡 Pro Tip: Wait for confirmation candle before entry - this is a high-risk zone!
[Attached analysis shows clear rejection at supply zone with bearish momentum]$ETH
