$OM Drops to $0.2287 — Relief Bounce or Dead Cat?
— Bearish trend slowing down, but bulls are still hesitant
$OM slid to a 24h low of $0.2287, before bouncing back to $0.2362. Despite the small recovery, the order book is still dominated by sellers (62.16%), indicating caution in the air.
📊 Key Data:
24H High / Low: $0.2597 / $0.2287
Current Price: $0.2362 (▼8.45%)
Today: -5.06% | 7D: -12.38%
30D: +18.09%
90D: -45.62% | 180D: -95.56%
1Y: -75.11%
📉 Short-Term Trade Idea (Risky Bounce Setup):
• Buy Zone: $0.230–$0.235
• Target: $0.245–$0.252
• Stop Loss: Below $0.225
• Bias: Weak bullish bounce — needs volume confirmation
🧠 After such a steep decline, $OM is trying to find footing. Watch for confirmation — unless it breaks $0.243 with strong volume, this could remain a bear rally.
📉 Disclaimer: Not financial advice. Always DYOR and manage your risk wisely. Crypto markets are volatile.
