The $OM token experienced a dramatic rollercoaster ride, soaring in price only to plummet by nearly 95% after a technical analysis warning about its peak. This sudden drop has sparked confusion among investors and traders alike. Analyst Anup Dhungana had flagged potential top formation on the token back in February 2025, shortly before the sharp decline began. The $OM token, which reached an all-time high of $8.3699 in late 2024, witnessed a rapid reversal after hitting resistance levels identified by technical analysis. This led to a massive sell-off, driving its price down to a near record low of $0.4690. The resulting drop has left many investors questioning the future trajectory of the token. Will it rebound or is this just a sign of a prolonged decline? 2025 is proving to be a challenging year for crypto markets, and the $OM case is a prime example.