$OM – Potential Reversal Zone ⚡📈
$OM is trading at 0.2816 (+2.77%), rebounding from the intraday low of 0.2705 after a sharp pullback from the 24h high of 0.3027. Buyers are showing early signs of defending the 0.2800 support zone, which could trigger a short-term recovery.
Support and Resistance
• Resistance: 0.2850 – 0.2920 – 0.3000
• Support: 0.2800 – 0.2750 – 0.2705
Trade Setup
• Entry Zone: 0.2805 – 0.2820
• Stop Loss: 0.2770
🎯 TP1: 0.2850
🎯 TP2: 0.2920
🎯 TP3: 0.3000
Market Insights
$OM is testing a crucial support level where buying activity could lead to a short-term bullish reversal. A sustained move above 0.2850 would signal stronger recovery potential, while losing 0.2800 could open the way for deeper retracement toward 0.2750.