($OM /USDT) – Short-Term Structure Analysis 📊
OM is currently trading at $0.0688, up +2.84% on the day. Price is holding above the intraday support zone after dipping to $0.0664 and rejecting lower levels.
24H High: $0.0734
24H Low: $0.0664
24H Volume: 89.95M OM
The chart shows a pullback after testing resistance near $0.073–0.074. Now price is consolidating around $0.068–0.069.
📈 Bullish Scenario (Continuation Play)
If OM holds above $0.0670, buyers remain in control.
🎯 Upside Targets:
• $0.0717 (minor resistance)
• $0.0734 (24H high retest)
• $0.0760 (breakout extension zone)
🛑 Invalidation:
• Daily close below $0.0650 weakens the bullish structure.
📉 Bearish Scenario (Rejection at Resistance)
If price fails to reclaim $0.070–0.072:
Possible retracement zones: • $0.0674
• $0.0652
• $0.0620 (stronger support area)
🔎 Key Level to Watch
The $0.070 level is psychological resistance. A strong volume breakout above it could trigger momentum continuation.
If you're trading 15m/1h timeframe, this looks like a range until breakout confirmation.
Let me know your timeframe (scalp, intraday, swing) and I’ll refine the setup 🔥