$OM
/USDT – Rejection at Highs, Bearish Pressure Active
OM is currently trading at $0.6409, slightly up +0.50%, but the chart shows strong rejection around the $0.7170 zone. After several failed breakout attempts, the 1H chart reflects heavy downward momentum with multiple lower highs and wicks.
24H High: $0.7170
24H Low: $0.6152
Volume: 125.68M OM / 82.46M USDT
Key Levels:
Resistance: $0.6700
Support: $0.6200
Bearish Breakdown Zone: Below $0.6350
Short Trade Setup:
Entry Zone: $0.6450 – $0.6600
Target 1: $0.6200
Target 2: $0.6050
Stop Loss: $0.6720
Volatility is high — trade with caution as sellers dominate the short-term trend.