Awais_Nazir
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$OM has staged a sharp bounce from 0.2239 after a strong sell-off, reclaiming the 7 EMA (0.2488) and testing above the 25 EMA (0.2442). The price faced rejection at 0.2795 and is now consolidating.
📈 Analysis:
The price is riding above short-term EMAs, showing bullish momentum but with low volume. The 99 EMA (0.2671) remains a key resistance.
📌 Swing Trade Setup:
Entry: 0.2480 - 0.2520 (on minor dip or retest of 7 EMA)
Stop-Loss: 0.2375 (below recent support)
Targets:
🎯 TP1: 0.2670
🎯 TP2: 0.2795
🎯 TP3: 0.2850 (strong breakout level)
⚠️ Watch for failure to hold 0.2480 which could trigger another test of 0.2239 support.
📈 Analysis:
The price is riding above short-term EMAs, showing bullish momentum but with low volume. The 99 EMA (0.2671) remains a key resistance.
📌 Swing Trade Setup:
Entry: 0.2480 - 0.2520 (on minor dip or retest of 7 EMA)
Stop-Loss: 0.2375 (below recent support)
Targets:
🎯 TP1: 0.2670
🎯 TP2: 0.2795
🎯 TP3: 0.2850 (strong breakout level)
⚠️ Watch for failure to hold 0.2480 which could trigger another test of 0.2239 support.
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