$OM Price Update – Market Struggles to Stabilize After Brutal Crash

After one of the most dramatic drops in 2024, $OM is currently trading at $0.7773, down -3.84% today. Although the price has bounced significantly from the $0.37 capitulation level, the market is still showing signs of uncertainty.

Key Levels to Watch:

Support: $0.68

Resistance: $0.80 – $0.95 zone

Trend: Weak recovery, sideways consolidation

While the bounce from oversold RSI conditions suggested a short-term relief rally, the ongoing drop indicates continued caution in the market.

Risk Management Reminder:

Always use Stop-Loss strategies and size your positions carefully—especially in high-volatility conditions like these. Protecting capital is key when the market is this unpredictable.

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research before making any trading or investment decisions.