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February 4, 2025

OM Surges to All-Time High of $6.29 As Long-term Holders Consider Profit-Taking

OM has seen an incredible surge, jumping 70% in just ten days. This surge has pushed it past a two-month consolidation phase, culminating in a new all-time high (ATH) of $6.29. As the price moves higher, many long-term holders are starting to weigh their options regarding profit-taking. The strong bullish momentum indicates that traders are optimistic, but will this excitement continue? Only time will reveal whether OM will stabilize at this new level or if corrections are on the horizon. Investors are advised to stay vigilant and reassess their strategies as the market evolves.

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