$OM just shook the market with a short liquidation of $3.245K at $0.07739, signaling sudden pressure on bearish positions and a potential shift in momentum.

Market Snapshot

The liquidation spike suggests sellers were caught off guard, often a sign that downside strength is weakening. Price reaction near this zone hints at growing buyer interest, though confirmation is still needed.

Key Levels to Watch

Support zone: $0.0740 – $0.0752

Resistance area: $0.0795 – $0.0810

Trade Ideas

Buy entry: Look for a controlled pullback and hold above $0.0755

Upside targets: $0.0795 first, then $0.0810 if momentum builds

Sell or short consideration: Rejection near $0.0810 with weak volume

Downside objective: $0.0738

Next Move Outlook

If OM stays firm above support, continuation toward the upper barrier is likely. Failure to defend the base could invite another wave of selling. Patience around confirmation candles will be key before committing.

Stay alert, manage risk carefully, and let price action guide the decision.

let's go and Trade now $OM