Price is going up - I am shorting BUT I am still making mone | fulldeg på Binance Square

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Price is going up - I am shorting BUT I am still making money - how?

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Do not fade me. $OM is coming.

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We are just starting. $OM

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I said, you didn't believe me. $OM

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Huge breakout may coming!!! $OM

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$OM Technical Analysis ------------------------------ The price of $OM is currently trading within a falling wedge pattern, which is typically seen as a bullish reversal setup. This pattern forms when both the highs and lows are gradually getting lower, but the distance between them is narrowing—suggesting that the current downtrend is losing momentum. We’re seeing that the price is pressing against the upper boundary of this wedge, sitting around $0.36–$0.37. A breakout above this line, especially if it comes with a noticeable increase in trading volume, could signal the start of a short-term rally. The first major resistance after a breakout would likely be around $0.45, and eventually toward $0.527, which is a strong horizontal level from previous price action. The short-term moving averages (7, 25, and 99-period) are tightly packed, with the price currently hovering between them. This shows a kind of “decision zone” where the market is waiting for a catalyst. If the price pushes above the 99-period MA with strength, that could further support a bullish case. On the flip side, if the price fails to break out and falls below $0.345, that would invalidate the bullish setup and could lead to further downside. For now, it’s a waiting game. If a breakout happens with strong volume, bulls might finally take back control. Until then, the wedge continues to tighten—and pressure is building.

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