$OM /USDT BEARISH DOWNTREND — LOWER LOWS KEEP DRAGGING PRICE INTO SELL ZONE!
$OM /USDT is locked in a strong bearish trend with continuous lower highs and aggressive selling pressure. The recent bounce near $0.4107 lacks volume and momentum, signaling it's likely just a short-term relief before another leg down. Bulls are failing to reclaim the 0.4300 resistance, confirming the trend remains under bearish control.
Trade Setup:
Short Entry: 0.4260 – 0.4320
Take Profit Targets: 0.4100 / 0.3980 / 0.3850
Stop Loss: 0.4460
Outlook:
Downtrend structure remains intact on the 1H chart. The brief pullback could offer a perfect entry for continuation shorts as there is no confirmed reversal pattern yet. Best suited for trend-following strategies.
Command: Stay with the trend — short the spike, ride the dip!
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