$OM /USDT – Sharp Pullback After Peak: Monitoring for Reversal Setup
OM plunged -85.76% to $0.8964, down from a 24h high of $6.3501, signaling a dramatic retracement after a likely parabolic spike. Current 24h volume stands at 544.59M OM / 521.53M USDT, indicating intense trading activity and possible volatility continuation. Price bounced from a 24h low of $0.3700, showing buyers stepped in near key demand. Depth levels show thinning liquidity below $0.8964, so downside wicks remain likely unless reclaim strength above key resistance zones like $1.40 / $2.74. Caution advised—momentum could swing either direction quickly. Watch for consolidation before a potential bounce or further slide.