$OM /USDT BEARISH BREAKDOWN IMMINENT! šØš
OM/USDT is showing clear signs of weakness as price slips to $0.2514 (-12.83%), struggling below key resistance and forming lower highs. Bears are tightening grip after a massive drawdown of -96% from ATH, and recent price action hints at continuation š
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š KEY LEVELS:
Resistance:
šŗ $0.2899 (24h High)
šŗ $0.2750 ā Major supply zone
Support:
š» $0.2427 (24h Low)
š» $0.2300 ā Key swing low
š» $0.2000 ā Psychological support
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š TRADE SETUP ā SHORT ENTRY
š¹ Entry: $0.2520 ā $0.2550
š¹ Targets (TP):
ā TP1: $0.2420
ā TP2: $0.2300
ā TP3: $0.2000
š¹ Stop Loss (SL): $0.2670 (Above short-term resistance)
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ā ļø RISK MANAGEMENT
š Use 1-2% of your capital per trade.
š Stick to the SL and take profits progressively.
š No FOMO ā wait for price rejection or confirmation candle at resistance before entry.
š Trend is your friend ā ride the wave down smartly! š¼š„
#CryptoTrading #OMUSDT #TechnicalAnalysis #ShortSetup #BearishTrend $OM