$OM Bulls Wiped Out!
A $23.524K long position was liquidated as OM tumbled to $4.3028!
This liquidation reflects strong selling pressure, shaking confidence among overextended bulls. Such movements can trigger further volatility as traders react to the drop.
What’s Next for $OM ?
• Resistance: $4.35 is the immediate level to reclaim for bullish recovery.
• Support: $4.28 is a critical zone to hold; breaking below could intensify the sell-off.
• Market Sentiment: Watch for increased volume—it often signals the next big move.
Trading Suggestion:
Bears might look for opportunities if $OM dips below $4.28.
Bulls should wait for a confirmed bounce above $4.35 before stepping in.
Stay cautious as further downside cannot be ruled out.
OM is in a crucial zone—stay sharp and trade wisely!
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