Whale Dump Triggers $OM Crash: Is an Altcoin Rebound Coming?

A wave of panic selling has hit the altcoin market after a sudden crash for OM (formerly known as OMSe). A significant transfer of over $91 million in $OM tokens from whales to OKX preceded a dramatic 90% decline. This, coupled with OTC deals offering $OM at a massive discount, fueled investor anxiety and triggered widespread selling. 📈 📉 While the market faces uncertainty, some technical indicators suggest potential recovery is brewing. 📊 💡 The TOTAL3 chart shows signs of a bullish wedge pattern, suggesting a possible altcoin rally. Meanwhile, the RSI also indicates reduced selling pressure, adding to optimism.