OM Charting Consolidation: Breakout Incoming? 😲

#OM is currently stuck in a familiar zone - the trading range between $0.75 - $0.76 (resistance) and $0.63 - $0.65 (support). Price action is consolidating within this range, hinting at an impending breakout.

Here's what to watch for:

Breakout Direction: The breakout direction will be crucial. A surge above resistance at $0.76 could signal a potential uptrend, while a drop below support at $0.63 could indicate a downtrend for $OM .

Trading Volume: Volume plays a key role. A breakout accompanied by high volume suggests stronger conviction in the chosen direction.

Current Scenario: Right now, it's a waiting game. The consolidation phase suggests some indecision in the market. Observing the breakout direction and volume will be essential in determining OM's next move.

What are Your Thoughts on OM ??