🔥 Massive Liquidation Alert on $OM ! 🔥
A short liquidation worth $7.9K just happened at a price of $3.97246! This means bears are being forced out of their positions as bulls take control. Is this the beginning of a big price move? Here's a breakdown of what might be next:
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📊 Key Levels to Watch:
Buy Zone: $3.80 - $3.95
Target 1: $4.20
Target 2: $4.50 (if momentum strengthens)
Stop Loss: Below $3.70 (to manage risk)
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What Could Happen Next?
1️⃣ Bullish Scenario: If buyers keep up the pressure, we might see $OM testing $4.20 soon, with potential for a further rally.
2️⃣ Bearish Risk: A rejection below $3.95 could bring a pullback. Watch $3.70 as key support.
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Market Sentiment:
This liquidation indicates strong bullish momentum building up. If volumes stay high, the price could break resistance levels quickly.
Trade Carefully! Markets can move fast. Stay disciplined with your stop-loss strategy! 🚀
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