$OM USDT Structural Breakdown in Play!
The chart shows clear lower highs and distribution, with price unable to reclaim previous consolidation levels. After rejection from $0.3219, $OM is now stuck below resistance.
Technical Breakdown:
🔸 Major High: $0.3931 → $0.3219 lower high
🔸 Consolidation → Breakdown → Lower low formed
🔸 Current price trapped between local resistance and support
Short Setup (4H):
Entry Zone: $0.2750 – $0.2830 (near resistance retest)
🎯 TP1: $0.2600 (mid-range target)
🎯 TP2: $0.2450 (near structure low)
🎯 TP3: $0.2320 (full breakdown extension)
⛔ Stop Loss: $0.2920 (above resistance)
Why This Setup?
Failed bullish breakout
Retesting broken structure from below
Momentum still favoring bears unless price flips $0.292+
This $OM is not noise it’s structure. Stick to the setup and stay disciplined.today
OMcoin
0.2585
-3.61%
