$OM /USDT – BEARISH REVERSAL LIKELY

Current Price: $0.2291

24h Change: +2.78%

Timeframe: 4H

TECHNICAL ANALYSIS:

OM/USDT spiked up to $0.2501 (24h high) but quickly pulled back, signaling a potential bull trap. Price is now below the key zone of $0.2360, indicating weakness and potential for a deeper retracement.

Resistance Levels:

$0.2360 – Immediate resistance (mid-range breakdown zone)

$0.2500–0.2550 – Major resistance zone (rejection and wick area)

Support Levels:

$0.2250 – First support (bounce zone)

$0.2210–0.2200 – Key support (24h low + psychological level)

🔻 Momentum has faded, and bearish engulfing candles on 4H suggest sellers are regaining control.

TRADE SETUP (SHORT ENTRY):

Entry: $0.2320 – $0.2360 (on rejection)

Targets (TP):

TP1: $0.2250

TP2: $0.2180

Stop Loss (SL): $0.2400

Risk/Reward Ratio: ~2.3:1

RISK MANAGEMENT:

Risk max 2% of capital

Stick to SL — no room for hope trades

Adjust size for volatility, especially on meme/altcoins

The best trades come from patience, not impulse.

#OM #CryptoTrade #BearishSetup #AltcoinAnalysis #ShortOpportunity #Write2Earn $OM