🚨 $OM – BREAKDOWN IN MOTION! BEARS TAKE CONTROL 🔻
$OM just slipped below a tight consolidation range on the 15m chart after multiple rejections from the $0.2918 resistance. The ascending support has now been broken, confirming a bearish structure and opening room for further downside pressure.
With sellers reclaiming momentum, this short setup targets the lower demand zone around $0.2800. A clean candle close below $0.2870 adds conviction to the breakdown.
📊 Trade Setup (Short Idea): • Entry Zone: $0.2876 – $0.2877
• Take Profit: $0.2800
• Stop Loss: $0.2918
🔎 Quick Take:
A textbook breakdown from a mini bear flag pattern — follow-through volume will be key. Watch for retests near $0.2885 that could offer re-entry opportunities.
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