$OM 📈Crashes Below Support -Bounce or Breakdown?
Om has dipped sharply to $0.2270, losing nearly 6% in a single session breaking below key short-term support at $0.2336. The downtrend shows strong bearish momentum, but a potential double-bottom pattern could emerge if buyers step in near $0.2230. A recovery above $0.2400 would flip sentiment bullish again. Until then, caution is key this could be the calm before a deeper drop or a surprise reversal.
🔧Trade Setup:
Long Entry: $0.2230-0.2270 (only if support holds)
🎯Target 1: $0.2400
🎯Target 2: $0.2500
Stop Loss: $0.2190
Alternative Short: Break below $0.2230 →
Target $0.2150
