🔻$OM
Bearish Trading Plan (May 4, 2025)
Downward momentum is active – the price is struggling near the main resistance
Rejection + weak bounces = potential setup for breakout!
🔵 Sell Entry: Below $0.63
❌ Stop Loss: $0.66
🎯 Take Profit 1: $0.60
🎯 Take Profit 2: $0.57
💥 Take Profit 3: $0.54
📊 Trend: Lower highs + bearish structure ⬇️
🔍 Volume: Red candles gaining strength
✅ Relative Strength Index: Staying below 50 = bearish zone
⏳ Time Frame: 1 hour / 4 hours for precise determination
⚖️ Risk/Reward: ~2.5:1 potential ⚖️
🚫 Avoid buying unless a breakout above $0.67 occurs with increased volume 🚀
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