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$OM / USDT – Heavy Downtrend Structure
This chart is not ranging, not pulling back — it’s trending down hard on higher timeframes.
📉 Market Structure:
• Continuous lower highs + lower lows
• No strong bullish impulse for a long time
• Price sitting near lows = weak, not strong
• Every bounce has been sold
This is distribution → bleed → grind down type of structure.
📊 Trade Idea (Safer Approach)
🟥 Short-on-bounce Strategy
• Resistance Zone: 0.068 – 0.072
• Target 1: 0.060
• Target 2: 0.055
• Stop Loss: Above 0.074
🟢 Longs? Only If THIS Happens:
You don’t long just because price is low.
Need:
✔ Strong impulse candle
✔ Break above 0.072
✔ Hold above it
Until that happens, longs = catching falling knife 🔪
📈 Read the Chart Emotion:
This isn’t fear — this is lack of demand.
Price is drifting, not bouncing → buyers are not stepping in.
⚠️ In coins like this, patience > prediction.
#OM #OMUSDT #CryptoTrading #Downtrend #ShortSetup