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$OM /USDT gains momentum - strong recovery in progress
The price of OM shows a good bounce from the $0.245 area, trading now at around $0.265. The recovery looks strong, with clear demand from buyers. If the price surpasses the $0.270 level, another rise may begin.
Key Levels
Support Area: $0.245 - $0.250
Current Price: $0.2655
Resistance Area: $0.270 - $0.275
Buy Trade Setup
Entry: Above $0.2700
Target 1: $0.2850
Target 2: $0.3000
Stop Loss: Below $0.2500
Risk Advice
Wait for a clear breakout above the $0.270 level before entering. Keep the stop loss tight, and define the trading size. A drop below $0.250 may weaken the trend again.
The ounce stock is gaining momentum. If the bulls' activity continues, the price may test higher levels soon.