#om Flashback to $OM’s Glory Days: A Quick Update
Remember when $OM was trading between $6.00 and $9.00? Feels like a distant memory now, doesn’t it? After a steep decline, the token is currently consolidating in the $0.35 to $0.50 range.
But there’s reason to stay optimistic. Here's a snapshot of the short-term setup:
Short-Term Trade Outlook:
On the 4-hour chart, $OM has broken above both trendline resistance and a key swing resistance zone. It’s now in the retest phase—potentially setting the stage for a breakout.
Potential Price Targets:
$0.5340
$0.5800
$0.6400
The current chart structure supports a possible short-term rally. While a return to the $6.00–$9.00 zone would require major catalysts—like strategic partnerships with Mantra or token buybacks to restore investor confidence—it’s not out of the question.
The near-term looks promising, but trade wisely. What’s your outlook on $OM? The chart suggests it might be time to ride the momentum—carefully.