$OM High-Risk, High-Reward Setup After Panic Crash❗After plunging from over $6.00 to as low as $0.37, $OM is trying to form a base near the $0.90 mark. Early indicators like RSI (9.86) and Stoch RSI (10.52) are signaling extreme oversold conditions.
Entry Zone: $0.85 – $0.92
Target 1: $1.20
Target 2: $1.50
Final Target: $1.85
Stop Loss: $0.72
If the price holds above $0.85 and begins forming higher lows, a short-term rebound toward $1.20 could come quickly. Break above that, and $1.50 to $1.85 becomes realistic as short sellers close positions and confidence returns.
Risk remains elevated only enter with tight stop-loss and proper position sizing. This setup favors quick momentum scalps or long-term accumulation for those with high risk tolerance.
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