๐ฅ $OM Breakdown in Progress or Bounce Incoming? โก๐
$OM is showing +9.46% gains but just faced a heavy rejection at $0.2276 and is now slipping below critical support at $0.2233. Bears are pressing hard, and if they hold momentum, a deeper slide is on deck. However, if bulls defend the $0.2168 zone, a sharp rebound could quickly develop.
๐ SHORT Setup:
โข Entry: $0.2233
โข TP: $0.2168
โข SL: $0.2276
๐ Market Outlook: The momentum flip here is key price is failing to hold breakout levels, which is a classic red flag. Manage risk tightly and watch closely for any bounce attempts off $0.2168 before further downside unfolds.