$OM is currently trading between its Bollinger Bands.
The price recently reached the upper band at 0.261, showing potential overextension.
With a recent drop of 1.728%, the lower band at 0.2449 may act as immediate support.
If price breaches this support, consider a stop-loss just below 0.244.
Volatility appears to be contracting, indicating a potential tightening before the next move.
For traders, it's advisable to set alerts around key levels rather than enter new positions immediately.
