⭐ $OM looks overextended after a sharp rally, with selling pressure picking up.

SHORT: $OM

Entry: 0.0590 – 0.062

Stop-Loss: 0.066

Take Profit 1: 0.0560

Take Profit 2: 0.0520

Take Profit 3: 0.0480

The recent spike is losing momentum, and breakouts are struggling to hold. Buyers are having trouble defending these elevated levels, while rallies continue to face selling. Downside moves are forming cleaner structures, indicating stronger supply on the highs. As long as 0.066 remains unbroken, the setup favors a drop toward the lower targets.$OM

Current price: $0.06176 (+4.46%) on #OMUSDT Perp.#WhaleDeRiskETH