$OM USDT BULLISH REVERSAL SETUP – BREAKING OUT OF DOWNTREND CHANNEL
OM has completed a controlled pullback inside a descending channel and is now showing signs of reversal from the lower boundary. A breakout from this channel could trigger fresh bullish momentum toward immediate resistance levels. Buyers stepping in at this zone have the potential to drive a sharp move upward.
Trade Setup (Long):
• Entry Zone: 0.2750 – 0.2760
• Take Profit 1: 0.2824
• Take Profit 2: 0.2835
• Stop Loss: 0.2727
Market Outlook:
Maintaining price action above 0.2750 keeps the bullish bias intact. A strong push above 0.2820 could confirm trend reversal, opening room for extended upside. Watch for volume confirmation to validate the move.
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