$OM Major collapse and important warning This currency is in a high-risk area, and requires extreme caution when trading
The price has dropped by 83.67% to 1.033, indicating strong selling pressure.
Moving averages: indicate a sharp decline:
- Short average (7 days) at **2.3137**
- Long average (99 days) at **6.1387**
Technical indicators are alarming:
- Relative Strength Index (RSI) at **13.67** (strong sell signal).
- MACD is negative, reinforcing the likelihood of continued decline.
**Trading volume is low** compared to previous rates, indicating weak buying interest.
**Expected scenarios:**
1. If the price bounces from **1.0330**, there may be a short-term buying opportunity.
2. If the decline continues, the price may reach lower levels.
#DumpandDump
