$OM Why does OM fluctuate in the range of 0.41–0.42?

1. Zone of strong resistance:

The level $0.41–0.42 is a technical barrier where sales previously occurred. There are:

Traders who entered at higher prices, wishing to break even.

Speculators taking profits after the rise from $0.35–0.38.

2. Lack of volume for a breakout:

The volume is not currently showing strong support for the bulls. This means that large capital is either still accumulating or waiting.

3. General consolidation:

After a sharp rise, OM is entering a flat/triangle — typical behavior before either a strong breakout or a pullback.