$OM just took a brutal nosedive—bears in full control!
Next Downside Targets: $0.4870 – $0.4650
$OM crashed from $0.5898 to $0.4872, shedding a sharp -17.4% in a violent move before slightly recovering to $0.5082. The selling pressure has been relentless, fueled by panic exits and profit-taking across the board.
Volume is still high, suggesting volatility isn’t over. If $0.5080 fails to hold as resistance turned support, we could see another leg down toward $0.4870 and $0.4650.
Warning: $OM is bleeding—tight stops are your best friend here!