On the daily chart, after a significant crash, OM's price has fallen from a high of 9.10 to around 0.3690, currently maintaining a range around 0.45. The oversold condition is very evident, and technically, both MACD and RSI are hovering at the bottom, forming a typical bottoming characteristic of 'oversold + decreasing volume'. Although MA(7) and MA(30) have not yet formed a clear golden cross, the price has not made new lows for several days, indicating solid bottom support.
The four-hour chart shows that after hitting a bottom at 0.37, OM has gradually oscillated upward and is currently stable above the 0.45 level. The short-term moving average system has begun to converge, with MA(7) showing signs of a further upward breakout. Although the trading volume has not yet expanded, alternating occurrences of bottom volume and decreased volume pullbacks suggest that bullish strength is gradually accumulating, and market sentiment shows signs of stabilizing and warming up.
On the one-hour chart, it can be seen that OM has been fluctuating within a narrow range between 0.440 and 0.46 recently, with a very clear short-term consolidation pattern. Currently, the candlestick has been closing positively near the moving average, with a slight increase in volume, suggesting a potential small upward surge in the short term. The short-term support level is at 0.44, and the resistance level is in the 0.460 to 0.47 area.
Opening position: enter long around 0.4520 (current level is ideal for entry)
First take profit level: around 0.4588
Second take profit level: 0.4633
Stop loss level: around 0.4430
