๐ $OM Testing Key Demand Zone โ Bounce Imminent or Breakdown Ahead?
$OM is currently hovering around $0.2027 after a -2.08% drop, sitting just above a strong demand zone between $0.2004โ$0.2020. The chart shows multiple rejections from the resistance zone near $0.2080, indicating bearish pressure.
๐ Trade Setup:
Entry: $0.2027
Target: $0.2070
Stop-loss: $0.2004
Risk/Reward: Bullish setup with defined structure
Trend: Bounce expected from support
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