HighRiskSetup

$OM Crash Heard 'Round the Market – Is a Reversal Brewing?”

The $OM carnage has left nearly 90% of traders shaken, with a staggering -89% drop in just 24 hours – from $6.35 to $0.37.

Now slowly crawling back near $0.7056, this might not just be a crash, but a capitulation bottom.

Technical Pulse:

RSI(6): 16.70 – screaming oversold
Stoch RSI: 96.76 – signaling a potential reversal.
Support held at $0.37, showing buyer defense.
Small green candles hint at weak but steady recovery.

High-Risk, High-Reward Setup:

Entry Zone: $0.68 – $0.72

Targets: $0.95 → $1.20 → $1.50

Stop Loss: Below $0.59

If $OM holds above $0.68 and breaks $0.80, a short-covering rally could ignite.

This is not the dip to ape in blindly – but for strategic scalpers, fear might just be hiding opportunity.
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