$OM SHORT SETUP 🔻
Current Price: $0.4072
Rejecting from $0.4150 zone with a sharp bearish candle, hinting at potential retracement.
Short Trade Setup:
Entry Zone: $0.4080 – $0.4120
TP1: $0.4010
TP2: $0.3945
TP3: $0.3860
SL: $0.4160
Price forming a lower high rejection with volume drop-off, weakening bullish momentum. Watch for a break below $0.4050 to trigger momentum. Ideal for short scalpers with tight stop management.