Observe this pattern repeating across various cryptocurrencies. Powerful rallies are met with gradual, controlled retracements, rather than sharp sell-offs.

$OM is currently exhibiting this same behavior. Following a strong upward surge, the price is consolidating within a descending channel, typical of a continuation pattern, not a reversal.

As long as $OM maintains its position above the critical support area, this measured decline is a healthy sign. It could pave the way for further upward momentum once buying interest reignites.

**Trade Setup**

Entry: 0.0735 – 0.0755

Target 1: 0.0800
Target 2: 0.0850
Target 3: 0.0920

Stop Loss: 0.0698

Always prioritize risk management and refrain from excessive leverage. Patience is crucial for successfully navigating these continuation setups.

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