short sellers launched an attack, this coin won't easily turn around as a short play
Zoe_Crypto analyst
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Bearish
$OM USDT long Trade signal 🚦 🟢 EYES BULLISH REBOUND – WATCH FOR A STRONG UPSIDE PUSH
After an extended sell-off, $OMUSDT has hit a crucial support near 0.262 and is showing signs of recovery with a sharp bounce on the 15m chart. If buyers sustain momentum above the entry zone, we could see an aggressive move toward key resistance levels. The market structure hints at a short-term reversal, favoring quick long entries for maximum upside potential.
Trade Setup (Long):
Entry Zone: 0.264 – 0.268
Take Profit 1: 0.273
Take Profit 2: 0.278
Stop Loss: 0.259
Market Outlook: Momentum is shifting as volume starts to pick up after the sell-off. Holding above 0.264 could trigger a relief rally toward 0.278. Bulls need to reclaim mid-range resistance to open the path for further gains.