Technical analysis by Zorroreny about Symbol OM: Sell recommendation (5/23/2025)

OM as predicted (on my X account) we got a nasty dump and we also got some autobounce reaction on breakout area. Hard to say if this was enough or we make another autobounce from here as we are oversold. In any case I do not see a case for jumping back in now (except maybe for scalp traders), my plan remains - test of S/R at fibb 0.382 range and there we need to see signs of bottoming before deciding to jump back in. Also note that OM is nice canary in the coalmine for other alts (some are already in the middle of pump, some have not even started yet....but big majority of them will go trough same pain process after big pump, so take profits when in green...)