$OM Rises Then Dips — Bull Trap or Buy Opportunity?
Did you catch the $OM move or get caught in the pullback?
$OM showed some strength from $0.2132 but quickly dropped back to $0.2070, indicating fading momentum.
Spot Trade Setup
Current Price: $0.2070
Support: $0.2020
Resistance: $0.2135
Entry Zone: $0.2040 – $0.2070
Targets:
Target 1: $0.2100
Target 2: $0.2130
Target 3: $0.2175
Stop Loss: $0.2000
Suggestion:
Wait for price to hold above $0.2050 before entering. Volatility remains high, so caution is advised.