$OM USDT – BEARS TIGHTEN GRIP AS PRICE HITS FRESH INTRADAY LOWS
OM faced heavy selling pressure, dropping over 10% and hitting a low of 0.2591. The price action shows consistent lower highs and strong bearish candles, suggesting sellers remain in control. Unless bulls reclaim 0.27 with volume, further downside remains likely in the short term.
Trade Setup (Short Bias)
Entry: 0.2620 – 0.2650
TP1: 0.2590
TP2: 0.2550
Stop Loss: 0.2705
Market Outlook: Bearish momentum dominates with increased selling volume. Break below 0.2590 could accelerate the decline toward deeper supports, while recovery attempts may face strong resistance near 0.27.
#OM #CryptoTrading #Bearish #USDT #PriceAction
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