$OM Forms Double Top – Caution as Rejection Hits

$OM chart shows a clear double top pattern near the $0.2700 zone, which is often a bearish reversal signal. Price failed to break above the resistance and has since pulled back to $0.2644. If this level breaks, we could see a move toward $0.2600 or lower. Bulls need to reclaim $0.2670 to invalidate the bearish setup.

Trade Setup (Short Bias):

Entry: $0.2640 – $0.2655

Stop Loss: Above $0.2685

Target: $0.2600

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