OM/USDT Potential retesting before continue upward movement!

💎 OM has recently encountered notable market dynamics, experiencing a strong rejection at a key resistance area. There's a possibility that OM may retest the support area in the range of 0.45 to 0.4.

💎 If OM demonstrates bullish signs at this support level, such as bullish candle rejections, it could lead to a bounce in price, propelling it back upwards toward the strong resistance area.

💎 However, if the support area fails to hold and there's only consolidation with weak volume, it's likely that OM will break down further, potentially testing the demand area around 0.25.

💎 In such a scenario, it's important for the demand area to facilitate a bounce and for the price to reclaim the support level. Failure to do so would be considered a bearish sign, likely leading to further downward movement.