🚦🛑 $OM /USDT Bearish Rejection in Play! 📉
$OM has faced a sharp rejection from the $0.2087–$0.2096 resistance zone, confirming sellers have stepped back in with authority. Price is struggling to hold above this intraday resistance, pointing toward a fresh downside continuation if momentum stays weak.
📉 Short Trade Setup
• Entry Zone: $0.2087 – $0.2096
• Target 1: $0.2060
• Target 2: $0.2040
• Stop Loss: $0.2105
📌 Key Insight: Consecutive rejection candles on the 1H chart reinforce a bearish outlook. If price remains below $0.2090, look for a push toward support levels near $0.2040 as sellers continue to dominate the trend.