$OM saw a long liquidation at $0.06913, showing buyers were trapped near the top. Price failed to hold resistance and is now trading below the breakdown area, favoring bearish continuation.
EP: $0.0685 – $0.0695
TP1: $0.0655
TP2: $0.0618
TP3: $0.0570
SL: $0.0722
The trend has turned bearish on the lower timeframe with lower highs forming. Momentum is weak and rallies are being sold quickly. As long as price stays below $0.070, downside liquidity remains in control.
OMUSDT
Perp
0.06857
-7.27%