$OM is facing repeated rejection at the same intraday resistance after a strong impulsive rally.
The latest bounce appears corrective rather than impulsive, with price now reacting below a key supply zone where sellers previously showed strong interest.
As long as $OM fails to reclaim this resistance convincingly, further downside toward the lower liquidity area remains a strong possibility.
Trade Setup:
Entry: 0.0755 – 0.0770
Target 1: 0.0719
Target 2: 0.0700
Target 3: 0.0680
Stop-Loss: 0.0826
Current Price: 0.0749 (+15.23%)
