The OM/USDT pair is currently undergoing a significant price correction. The price is now at $0.2502, down by 13% over the past 24 hours.
🔍 Key Highlights:
24h High: $0.2920
24h Low: $0.2427
Current Price: $0.2502
24h Volume: OM: 48.27M | USDT: 13.02M
🔻 Technical Overview:
The price is currently trading below the MA(7), MA(25), and MA(99) levels.
The 1-hour timeframe shows continuous selling pressure driving the price down.
A strong support level has been formed at $0.2427, from where the price has slightly bounced.
📊 Volume Analysis: The recent trading volume has significantly increased, indicating strong trader activity. However, selling pressure is still dominant.
⚠️ Risk & Caution: The market is extremely volatile at this point. It’s strongly advised to use proper stop-loss orders before entering any trade.
📅 Performance Summary:
Timeframe Change
Today -12.49% 7 Days -18.35% 30 Days -43.48% 90 Days -96.00% 180 Days -93.60% 1 Year -71.77%
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🔔 Commentary: The chart and market movement suggest a possible further correction if the $0.2427 support breaks. However, a short-term bounce opportunity might also exist. It's better to wait for clear market confirmation before taking any new position. #MarketPullback #BTC #OMUSDT
TON is currently at a critical decision point. Monitoring volume and price action is essential. For short-term traders, keeping an eye on key support and resistance breakout levels is important. A break below $2.90 with rising volume could signal further downside towards $2.35, while a break above $3.10–$3.25 may initiate a potential uptrend.