4h TF. Price $OM is approaching the supply zone $0.328–0.334 again. This area has seen reversals before. Growth within the range is halting, and the structure is weakening. The RSI indicator does not confirm the initiative. This increases the likelihood of deviation from FTA.
The base scenario is a false breakout and a move to $0.2775. The main arguments for entry are: strong area of interest (POI), weak momentum, lack of volume, deviation from FTA. The risk-reward ratio favors opening a short.
OMUSDT
Perp
0.07724
+2.82%
