$OM Bullish Relief Setup After 10% Flush

I’m seeing a clean sell-off from 0.070 down to 0.0598 with a sharp rejection wick at the low. That’s a liquidity grab below short-term support. Now price is stabilizing around 0.060.

Momentum was heavy, but selling pressure is slowing. That’s where relief bounces begin.

Structure:

Lower highs forming

Capitulation candle to 0.0598

Immediate bounce reaction

Tight consolidation near 0.060

This gives short-term bounce potential if reclaim confirms.

Entry: 0.0610 – 0.0620 after 1H close above 0.062
TP1: 0.065
TP2: 0.067
TP3: 0.070
Stop Loss: 0.0585

How it’s possible:

Liquidity below 0.060 already taken

Sellers exhausted after 10% move

Shorts enter late on breakdown

Break above 0.062 can trigger squeeze toward 0.065+

If buyers defend 0.060 and volume builds on reclaim, move back to 0.067–0.070 is realistic.

Risk defined. Reaction trade only.

Let’s go and Trade now $OM ‌