$OM /USDT – Breakdown Unfolding, Bears in Control!
30-Min Chart Breakdown
$OM continues its downward grind, printing consistent lower highs and now trading below the key $0.53 structure. Sellers dominate the scene, with no signs of bullish momentum stepping in.
Key Levels:
• Resistance: $0.5360 – $0.5450
• Support: $0.5150
Short Setup:
• Entry Zone: $0.5280 – $0.5320 (ideal retest of broken support)
• Targets:
– TP1: $0.5150
– TP2: $0.5000
• Stop Loss: Above $0.5450
Market Outlook:
This is a textbook bearish continuation. Volume remains weak, and there’s no bullish divergence to hint at a reversal. The trend leans heavily to the downside, signaling more room to fall.
Pro Tip:
Look for a soft retest near $0.53 for the best entry. Keep stops tight and trade with discipline — this setup rewards precision.
Call to Action:
Support is breaking down — time to short $OM with a solid plan and ride the bearish momentum!
$OM
Live Price: $0.5277 (-13%)
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