$OM /USDT BEARISH PRESSURE MOUNTING – DOWNSIDE MOVE LIKELY!
$OM is struggling to hold above $0.163 after failing to sustain recent highs near $0.166. Selling momentum is picking up, suggesting a potential drop toward $0.155 if support levels are broken. Traders should consider a short opportunity as bears regain control.
Trade Setup:
Entry Zone (Short): $0.1635 – $0.1645
Take Profit 1: $0.1600
Take Profit 2: $0.1570
Take Profit 3: $0.1550
Stop Loss: $0.1670
Short Market Outlook:
OM is showing weakening momentum on the 1H and 4H charts, with lower highs forming near $0.166. Support at $0.160 is critical; a decisive break could accelerate selling pressure toward $0.155. Intraday trend favors short positions until buyers regain strength.
buy and trade here on $OM