OM/USDT short term plan:

🔍 Observations Across Charts

📉 Trend

• On daily and 1H charts, OM has declined sharply from above $0.38 to $0.32, indicating strong short-term bearish momentum.

• The smaller timeframes (15m, 5m) show a possible local base forming, with repeated touches near $0.3250, suggesting short-term support.

• Candlestick formations suggest a high volume selloff, followed by range-bound sideways movement — often a sign of accumulation or indecision.

📈

Bullish Setup (Long Bias)

• Entry: Above $0.3260 (confirmation of support holding)

• Target 1: $0.34

• Target 2: $0.38

• Stop Loss: Below $0.3190

Bearish Setup (Short Bias)

• Entry: Breakdown below $0.3220

• Target 1: $0.31

• Target 2: $0.30

• Stop Loss: Above $0.3275

If you are holding OM token please go through it carefully.

✅ Reasons to be Optimistic

1. Token Burn by the CEO

• Burning 150M staked OM shows a commitment to value preservation and community confidence.

2. Validator Decentralization Plan

• Reducing internal control over the chain is a positive governance signal (if followed through).

3. Real-World Asset (RWA) Push

• Partnerships with Dimitra and WIN suggest serious use-case expansion.

4. Public Dashboard Transparency

• Helps hold the team accountable and reduces black-box operations.

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⚠️ Red Flags

1. April 2025 Crash

• Sharp price drops often stem from internal failures, mismanagement, or whales dumping — details still unclear.

2. Team Previously Held 85% of Supply

• That’s massive centralization. Even if they’re “fixing” it, it raises red flags.

3. Rebuilding Trust

• The need to “rebuild trust” implies previous governance or operational issues.

4. Marketing vs. Delivery

• Announcements are solid — but real utility, chain usage, and product adoption must be tracked.

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🔎 My Take (Would I Trust Them?) - I would prefer to invest in a growing project rather than a recovering project. For OM/USDT I’d prefer short term trades with clear invalidation.