$OM / USDT Short Trade

📊 Chart Overview:

Current Price: $0.3799

24H High/Low: $0.3941 / $0.3764

Volume:

24H: 33.64M $OM

USDT Volume: 13.02M

MA (Moving Averages):

MA(7): 0.3912 (above price – bearish)

MA(25): 0.4266 (much above price – bearish)

MA(99): 4.3713 (massively above – long-term bear)

Volume MA:

MA(5): 39M (currently below average volume)

MA(10): 56M

MACD:

MACD: 0.1265 (slightly bullish crossover but flat)

DIF: -0.3381

DEA: -0.4646

🔻 Bearish Structure:

Massive downtrend from $6.35 to sub-$0.40 area.

MACD histogram is flattening, and although a small green trend appears, it’s still near zero = low momentum.

MA(7) and MA(25) are pointing downward and above the price = continuing sell pressure.

Volume is significantly down over 90 and 180 days (-94.92%, -89.71%) suggesting less interest.

📉 Short Trade Setup (1–7 days)

🎯 Entry Zone:

Sell/Short near resistance = $0.39 – $0.40

(Around MA(7); expect rejection)

🧨 Stop-Loss:

Above MA(25) or recent high = $0.43

📌 Targets:

TP1: $0.365 (Previous low / near-term support)

TP2: $0.345 (Psychological support)

TP3: $0.300 (Longer swing target if trend continues)

🔄 Reversal Signal to Watch:

Price breaking above $0.43 and holding volume + MACD flip positive.

Otherwise, trend remains bearish.

📈 Optional: Scalping Inside Range

If you're scalping:

Buy near $0.375, sell near $0.39 – small range trading possible, but risky with low volume.

🧠 Final Note

The massive historical fall from $6.35 to $0.38 means long-term holders are still selling into any pump. Until there's a breakout above $0.43–$0.45 with strong volume, the best approach is shorting rallies or waiting for breakdowns to re-enter short.