$OM USDT BEARISH CONTINUATION – SELLERS STILL IN COMMAND
OMUSDT continues its steady downtrend on the 1H chart, printing consecutive lower lows. Buyers are attempting minor pullbacks, but bearish pressure remains dominant as the market struggles to hold above key intraday levels.
🔑 Key Levels
Resistance: $0.2050 – $0.2060 (24h high)
Support: $0.1970 (24h low) | next major support near $0.1920
Current Price: $0.2019
📉 Trade Setup (Short Entry)
Entry Zone: $0.2025 – $0.2040
Targets (TP):
➤ TP1: $0.2000
➤ TP2: $0.1970
➤ TP3: $0.1920
Stop Loss: $0.2075
💡 Market Outlook OMUSDT remains structurally bearish with no strong reversal signals visible yet. If price loses $0.2000 support decisively, a further drop towards $0.1920 is likely. Only a clean breakout above $0.2060 would invalidate this bearish setup and hint at a potential reversal.
⚠️ Risk Management Always risk only 1-2% of your capital per trade. Maintain disciplined stop losses and avoid overtrading, especially during clear trending markets.
buy and trade here on $OM
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