$OM Showing Signs of Weakness – Potential Drop Ahead 🔻⚠️
$OM is struggling just below key moving averages (MA7, MA25, MA99), which are tightly grouped — a bearish sign. It failed to sustain above the $0.39 level, and declining volume suggests momentum is fading.
Bearish Setup – Supply Outweighs Demand
• Entry Range: $0.383 – $0.386
• Target 1 (TP1): $0.372
• Target 2 (TP2): $0.364
• Stop-Loss (SL): Above $0.3955
Pro Tip:
A volume surge without a breakout often signals a bull trap. If $0.374 support breaks, expect sharper downside movement.