🚨 $OM /USDT – Heavy Rejection from $0.6081, Bears Pull Price to $0.51! 🚨
$OM slipped sharply by -6.61%, tumbling from a peak of $0.6081 to a current price of $0.5197. After a strong early rally, sellers dominated the session, dragging price near the lower end of today’s range.
Key Stats:
Current Price: $0.5197
24H High: $0.5721
24H Low: $0.5050
24H Volume: 73.11M OM / $39.39M USDT
Chart Analysis:
The hourly chart shows a clear shift in momentum after price peaked above $0.60. A lower high followed by steep red candles confirms bearish control. The $0.5050–$0.5078 zone is acting as immediate support.
Watch Zones:
Resistance: $0.5344 – Reclaim needed to regain bullish structure
Support: $0.5050 – Must hold to avoid retesting the $0.4870 zone
Trade Signal:
Entry Zone: $0.5150 – $0.5200
TP 1: $0.5340
TP 2: $0.5600
Final Target: $0.5850
Stop Loss: $0.5000
Pro Tip: Volume spike near support could indicate a reversal attempt. Consider partial positions with tight risk to catch the bounce.