$OM /USDT – Sharp Wick Up, Now Cooling Off! Volatility Alert
OM spiked aggressively to $0.7170 before retracing back to $0.6528, currently down -1.42%. After a strong breakout from $0.6152, price has pulled back sharply, now consolidating in a key reaction zone. Watch for bounce confirmation or deeper drop.
Long Trade Setup (Retest Opportunity):
Entry Zone: $0.645 – $0.655
Target 1: $0.675
Target 2: $0.698
Final Target: $0.717
Stop Loss: $0.625
Short Trade Setup (Fade Continuation):
Entry Zone: $0.665 – $0.675
Target 1: $0.640
Target 2: $0.620
Final Target: $0.605
Stop Loss: $0.685
Volume remains strong (126.61M OM). Use tight risk, wait for candle confirmation before entry.
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