Here's a quick technical summary for XOM/USDT (Perpetual) based on your data:
$OM /USDT – $0.53942 (-2.04%)
24h High: $0.61122
24h Low: $0.48400
Volume (OM): 1.01B
Volume (USDT): $553.66M
Indicators
RSI (6): 10.49 (Oversold — strong potential for a bounce)
Williams %R (14): -97.38 (Extremely oversold)
EMA(50): 4.64556 (Current price well below — bearish bias)
MA(5): 582M
MA(10): 1.02B (MA(10) significantly higher — suggests downward momentum)
Support & Resistance
Immediate Support: $0.48400 (24h low)
Resistance: $0.569–$0.611 (previous highs & breakout level)
Market Sentiment
With RSI and Williams %R both showing deep oversold territory, this may be a short-term bottoming zone. However, the massive drop from the EMA(50) suggests overall bearish pressure.
Watch for a reversal candle or volume spike near $0.52–$0.54 to confirm any bounce.
Would you like a short-term trade strategy or entry/exit levels for a scalp or swing?
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