#OM $OM to Pump. #BinanceAlphaAlert #MarketRebound
Now is the ideal time to buy $OM
spots, with an expected price range of approximately $1.98 to $2.45.
**Reasons to Buy:**
1. **Strong Support:** The $0.50 level is a robust support area that has prevented further price declines.
2. **Institutional Activity:** Institutional traders have triggered all stop losses on the 4-hour timeframe.
3. **Weekly Candle Formation:** With only one day left in the weekly candle, it’s likely to form a morning star, signaling a potential reversal.
4. **Volume Trends:** Yesterday's volume was around 72M, but it has decreased to about 11M and is continuing to decline, indicating upward price potential.
Good luck!