⚠️ Analysis and forecast for $OM : scam coin, is it time to exit? 📉
As of May 21, 2025, 08:52 EEST, the rate $OM on Binance is $0.4546, with a 16% increase in the last 24 hours. Trading volume has risen to $3.89M (according to X), but this surge hides alarming signals. Previously, on April 13, 2025, $OM collapsed by 88%, from $6.35 to $0.67, which many on X referred to as a classic “rug pull” or insider dump. The story with $OM, including connections to dubious figures like Denko Mancevski (Reef Finance), indicates manipulation.
Technically, OM appears unstable. After the April crash, the price stabilized around $0.37–$0.47, but the current RSI (14) at 65 (TradingView data) is approaching overbought territory. Key levels: support — $0.37, resistance — $0.50. A breakout above $0.50 is unlikely due to low confidence, and a drop below $0.37 could send the price to $0.20.
Forecast: in the short term (until the end of May), $OM may show a false rise to $0.50, but by July 2025, a decline to $0.20–$0.30 is likely due to lack of investor confidence. The long-term forecast for 2026 is bleak — further decline to $0.10 is possible if the project does not restore its reputation.
Is it time to exit? After a 16% rise and the current price of $0.4546, exiting seems to be the only reasonable decision. Scam risks are high: lack of transparency, a questionable team, and a history of manipulation (according to Chaotikk Planet) make OM extremely unreliable. Set a stop-loss at $0.35 and withdraw funds. Do not fall for FOMO — $OM might crash again! #CryptoAdoption OM #Binance #Cryptoscam