$OM The upward trend is fierce! For those already holding positions, looking to buy the dip, or wanting to short, this article clarifies how to proceed!

Current price of OM is 0.341, with increases over the last 24 hours and 7 days, but down over 96% from the historical high in April, with a market capitalization of approximately 26 million, ranking 443. The 24-hour trading volume is 39.24 million, an increase of 150%, indicating heightened capital activity.

Technical upgrade: OM 3.0 initiates token upgrade allocation distribution, which can alleviate circulation pressure if claimed within 12 months; the team will destroy 150 million tokens to rebuild trust. Collaborating with UAE's Damac to advance RWA implementation; if Q3 goes smoothly, it will enhance the narrative of practicality.

Spot trading has been launched on Upbit and Bithumb, providing short-term stimulation for a price increase of 6% - 26%; current staking yields are 5% - 8%, attracting some capital, but the total staking volume growth is limited, indicating insufficient confidence.

Short covering: 2.1 million short positions were liquidated in the last 24 hours, accounting for 57% of the entire network, with leveraged liquidations exacerbating short-term volatility.

Operational advice: For holders: place sell orders for half at 0.31 - 0.32, with the remainder set to stop-loss at 0.295, as OM historically has sharp spikes; do not be greedy.

For dip buyers: wait for a breakout past 0.32 with significant whale accumulation before entering; it is better to miss out.

Conditions for shorting: a significant drop below 0.285 with RSI > 70, lightly short to 0.26, stop-loss at 0.295.

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For those still unsure about how to position themselves, hurry up, the bull market does not wait for anyone!