$OM #updates Take certainty on my thought
1.Support Level (Approx. 26.58): The price stabilizes around 26.58, indicating strong buying interest. This level could serve as a potential entry point for long positions.
2. Resistance Level (Approx. 26.62): The recent peak at around 26.62 acts as resistance. Traders should be cautious near this level, as selling pressure may increase.
3.Entry Strategy: Consider buying near the support level (26.58) with a stop-loss just below it. Target potential sell levels near the resistance (26.62).
:Remember to use additional indicators like Moving Averages (MA) and Exponential Moving Averages (EMA) to confirm your analysisโถ. Happy trading! ๐๐ก
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