$OM SLIPS INTO DANGER ZONE – Bears Gripping Harder!
$OM just sank to $0.5050 before clawing back to $0.5154, down -8.24% on the day. Despite a minor bounce, the overall structure is weak and pressure remains heavily on the sell side.
📊 Key Levels to Watch:
• Resistance: $0.5273 – Last clear rejection zone
• Support: $0.5050 – If this breaks again, more downside could unfold fast
🎯 Trade Setup:
• Short Entry: Below $0.5110
• TP1: $0.4920
• TP2: $0.4680
• Stop-Loss: Above $0.5275
Momentum is fading fast—traders should brace for another leg down if $0.5050 cracks.