$OM sharp recovery after a clean demand reaction
$OM is showing strong upside momentum after a clear reversal from recent lows, catching attention with a fast impulse move and elevated activity.
Price action Current price around 0.0775 USDT
Up roughly +18.6% on the session
Intraday high near 0.0855
Intraday low around 0.0651
What’s driving the move The bounce started from the 0.064–0.065 demand zone, where sellers were exhausted and buyers stepped in aggressively. The breakout candle came with strong volume, signaling real participation rather than a weak bounce. Price has reclaimed key moving averages, showing a shift in short-term sentiment from fear to confidence.
Key levels to watch Support
0.0720 – 0.0700 short-term support and prior consolidation area
0.0650 major demand and structure low
Resistance
0.0815 – 0.0855 recent high and supply zone
0.0900 psychological level if momentum expands
Trend Short-term trend has flipped bullish after breaking the local downtrend. Overall structure is transitioning from accumulation to expansion, but some volatility is expected after the sharp move.
Trade idea If price holds above 0.072 and consolidates with healthy volume, continuation toward 0.082–0.085 remains possible.
If price loses 0.070, momentum weakens and a deeper pullback toward demand could occur.
Momentum is strong, but patience matters here — letting the market confirm support can offer cleaner risk-to-reward setups.
