$OM REBOUND IN PLAY – Can Bulls Break the Range❓$OM dipped to $0.4108 but quickly snapped back to $0.4179, showing signs of a short-term reversal. Despite being -4.48% on the day, the latest green candles signal bulls are fighting back after a brutal selloff.
Momentum Check:
• Strong bounce from intraday low of $0.4088
• Consolidating in a tight range between $0.4130 – $0.4180
• Volume steady around 51.27M — buyers quietly accumulating
• Key resistance: $0.4249 — breakout here flips short-term bias bullish
If $OM breaks above $0.4249 with volume, eyes shift to $0.4410. A failure to hold $0.4130 may drag it back toward $0.4080–$0.4050.
Watch closely — this low-volatility buildup could snap fast!