$OM ---
$OM Crashes 90% – Panic Selloff or Golden Opportunity?
$OM/USDT witnessed a jaw-dropping crash from over ₹500 levels to ₹44.91, with the price currently stabilizing at 0.5255 USDT. This unexpected move has shaken the market, triggering heavy sell volumes and testing investor sentiment.
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Key Stats
Current Price: ₹44.91 (0.5255 USDT)
24h High: 0.5839 USDT
24h Low: 0.5229 USDT
RSI (6): 12.07 (Extreme Oversold)
Volume (OM): 91.41M
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Technical Breakdown
Massive Flash Dump
The chart shows a huge red candle dropping from the ₹500+ zone down to ₹30, before bouncing back to current levels. This type of move typically hints at either:
Smart money exit
Whale manipulation
Major fundamental shift or error
Oversold RSI
With RSI at 12, $OM is in an extremely oversold condition, which might attract bargain hunters or swing traders soon.
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What to Watch Next
Support Zone: ₹30–₹40 range is a key area. If it holds, recovery chances improve.
Resistance Levels: First resistance lies at ₹60, then ₹100 for any rebound attempt.
Volume Spike Needed: A bullish reversal would require strong volume + positive news.
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Conclusion
OM is down, but not necessarily out. Such crashes can either lead to dead cat bounces or V-shape recoveries depending on community strength and market conditions. Stay alert for announcements or whale activity.
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