$OM /USDT Short Term Update š
OM is trading near 0.0558 after a sharp intraday push. Price already reacted from the 0.0449 low and is now hovering near short term resistance around 0.058 to 0.060. Momentum is slowing on lower time frames and upside looks limited unless strong volume comes in.
š¹ Short Setup
Entry: 0.0560 to 0.0590
SL: 0.0635
TP1: 0.0525
TP2: 0.0490
TP3: 0.0455
Price is struggling to break and hold above the recent spike zone. If rejection confirms near 0.058 to 0.060, we can see a pullback toward the 0.050 support area and possibly a retest of deeper liquidity near 0.046. Recent volume spike looks more like exhaustion than fresh accumulation, which supports a short term bearish view.
Invalidation: If price closes strong above 0.0635, this setup becomes invalid.
Risk only what you can afford to lose.
Trade $OM here š