$OM
USDT BEARISH REVERSAL SETTING UP ā FAKEOUT LIKELY FROM LOCAL HIGH š»
After testing the resistance near $0.2168, $OMUSDT is showing signs of exhaustion, with price failing to close above key supply. The setup suggests a potential liquidity grab followed by a reversal, with price likely to reject from the top and head back toward lower demand zones.
---
Trade Setup:
Short Entry: $0.2107 ā $0.2168
Take Profit 1: $0.2081
Take Profit 2: $0.2044
Take Profit 3: $0.2023
Stop Loss: $0.2180
Risk Allocation: 2ā3% of wallet
Leverage: 10x
Market Outlook:
Momentum appears to be fading as price climbs into resistance. Unless bulls break clean above $0.2170 with volume, this move looks like a classic stop hunt. Bearish divergence and structure support downside movement toward previous demand.
#OMUSDT #CryptoTrading #BearishSetup #AltcoinAnalysis #ShortSignal
buy and trade here on $OM