$OM
OM is showing a consolidation phase after a recent move. Price is trading near a short-term support zone, indicating indecision between buyers and sellers.
Support Levels:
Immediate support: $0.85 – $0.88
Strong support: $0.80
Resistance Levels:
Immediate resistance: $0.95 – $1.00
Major resistance: $1.10
Technical Indicators (Short-Term):
RSI: Near neutral (45–55), suggesting no overbought or oversold condition
Moving Averages: Price is hovering around the 20 EMA — a breakout above may signal bullish momentum
Volume: Slightly decreasing, indicating a possible breakout move ahead
Outlook:
📈 Bullish scenario: Break and close above $1.00 → target $1.10 – $1.15
📉 Bearish scenario: Breakdown below $0.85 → drop toward $0.80
Conclusion:
OM is at a decision zone. Traders should wait for a clear breakout or breakdown before entering positions.