🔸 $OM Trade Setup
Current Price: $0.2899
Entry Range: $0.2860 – $0.2910
(Enter around current levels with tight observation)
Target 1: $0.3050
Target 2: $0.3200
Stop Loss: $0.2810
(Below the recent 24h low of $0.2851 to manage risk)
Final Target: $0.3400
(A potential breakout level if bullish momentum sustains)
🧠 Paraphrased Explanation:
$OM is currently trading near its 24h low after a 5.75% dip. The price is hovering slightly above the MA60 (0.2896), suggesting a potential rebound if support holds. Volume has recently spiked, indicating renewed interest. If maintains above $0.2860, it could aim for $0.3050 and eventually push toward $0.3400 with proper momentum. However, a break below $0.2810 might invalidate this setup.
Let me know if you want a short-term scalp plan or a long-term position trade too.