$OM Reversal or Continuation? Price on the Edge After Spike
OM is trading at $0.2530 after a strong intraday rally that peaked at $0.2795. Price has pulled back and is now consolidating just above local support. With volume declining, the next breakout or breakdown will determine whether bulls can sustain momentum or if sellers reclaim control.
Key Levels to Watch
Resistance: $0.2580 – A breakout could spark a move toward $0.2650 and $0.2720
Support: $0.2510 – A breakdown below this zone may lead to $0.2440 and $0.2380
Trade Setup
Bullish Entry: Break and hold above $0.2580
• Target 1: $0.2650
• Target 2: $0.2720
Bearish Entry: Breakdown below $0.2510
• Target 1: $0.2440
• Target 2: $0.2380
OM is coiling near a key pivot—get ready for a potential volatility spike.
