📉 $OM Testing Key Demand Zone – Bounce Imminent or Breakdown Ahead?
$OM is currently hovering around $0.2027 after a -2.08% drop, sitting just above a strong demand zone between $0.2004–$0.2020. The chart shows multiple rejections from the resistance zone near $0.2080, indicating bearish pressure.
📈 Trade Setup: Entry: $0.2027 Target: $0.2070 Stop-loss: $0.2004 Risk/Reward: Bullish setup with defined structure Trend: Bounce expected from support