OM is currently trading at $0.3634, soaring +55.77% in a single day! The price has erupted from a long consolidation zone and broke out with massive bullish momentum, climbing from the $0.19 level to nearly $0.40 in one green candle.
This explosive move is backed by huge volume (422M OM traded) and a surging RSI of 93.26, signaling extremely strong bullish pressure — though entering overbought territory.
📈 Key Levels:
Resistance: $0.3971 (24h high), then $0.5092
Support: $0.3150 – $0.3250 zone (previous breakout area)
📊 Indicators Overview:
RSI: 93.26 — strong overbought zone, but momentum still intact
MACD: Bullish crossover confirmed
Volume: Massive spike, validating the move
MA(5) & MA(10): Both turning upward, signaling trend reversal
🎯 Buy Zone (for late entries): $0.3250 – $0.3430
🛡 Stop Loss: Below $0.3150
🎯 Target 1: $0.3971
🎯 Target 2: $0.5092 and higher if bullish momentum continues
🔥 My Take:
OM just woke up in a big way. As long as price holds above the $0.3150–$0.3250 zone, the bulls are in full control. If it breaks $0.3971, we could see a fast push toward $0.50+ — a level last seen in early June. Watch for volatility, and protect your capital with a tight stop under $0.3150.
