$OM ATTEMPTING A BOUNCE – CAUTIOUS OPTIMISM❗❗❗$OM is currently at $0.4017, up +1.36%, recovering from a sharp dip to $0.3913. It recently printed a small bullish candle, hinting at a possible reversal attempt.
Trade Setup (Scalp or Tight Swing):
• Entry: $0.3980 – $0.4020
• TP1: $0.4080
• TP2: $0.4150 (24h High)
• Stop-Loss: Below $0.3910
Reasons to Watch:
• Buyers stepping in after a quick dip below $0.39
• Short-term RSI may be recovering (MACD & Volume confirmation needed)
• 64% buy pressure on the order book is a positive sentiment indicator
Caution: The overall trend is still weak with large higher-timeframe losses. Only take this trade with tight stop-loss and risk control.
Short bounce potential – treat it as a tactical play, not a long-term hold.