A snail from the ass. A month ago no one looked at OM, and now there are plenty of analysts.๐๐๐
EL-SHADDAI
ยท
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$OM Analysis ๐จ Bulls Look Strong, But the Trap is Set! โ ๏ธ๐ป
As I said in my latest post, where I shared some trade ideas, Iโm 100% positive weโre gonna see an aggressive dump/corrective drop here because whales need to take profit. If you check the weekly chart, itโs long overdue. Theyโll try to trap you with a swing long before the drop, so consider only long scalps, but Iโm planning a longer short soon ( with confirmation ). Hereโs why:
โ Distribution Phase โ Whales likely unloading. โ Weak Volume โ No conviction for a real breakout. โ Rejection Zone $7.72-$7.85 โ High dump risk.
๐ Market Insight
If $7.50 breaks, expect $7.25-$7.10. Bulls need $7.85+ with strong volume for upside, but this looks like a liquidity grab before a sell-off.
๐ On-Chain & Market Sentiment
๐ BTC.D Rising โ Altcoins under pressure. ๐ฐ USDT.D Stable โ No major sentiment shift. ๐ TOTAL3 Weak โ Liquidity draining from altcoins.
๐ Whatโs Next?
๐ป Below $7.50 = Drop to $7.25-$7.10. ๐ Only $7.85+ flips bullish.
๐ก Watch for:
โข Volume Confirmation โ Exit liquidity or real demand? โข RSI Bearish Divergence โ Possible reversal signal.
Donโt plan Big Moves on Weekends and Distribution Phases. Itโs a recipe for Disaster. โ ๏ธ Cheers , and Stat Safe!
๐ข Follow, like, share & comment to support the community.
๐ El Shaddai: (Hebrew: ืึตื ืฉึทืืึทึผื) โ โGod Almighty, the All-Sufficient One.โ His grace sustains.