$OM Long Liquidation Alert: Bulls Under Fire!

Liquidation Details:

Liquidated Amount: $1,585.9

Trigger Price: $3.94318

What’s Happening?

A notable long liquidation signals bulls are losing ground, with sellers driving om toward critical levels

. The market is teetering, and the next moves could define the short-term trend.

Key Levels to Watch:

Support Zone: $3.900–$3.920 (a breakdown here could intensify selling pressure).

Resistance Zone: $4.000–$4.050 (bulls need to reclaim this level to regain momentum).

Next Moves:

1. Bearish Scenario:

If $OM slips below $3.900, watch for a potential decline toward $3.800–$3.850, as bearish momentum grows.

2. Bullish Scenario:

A recovery above $3.970 could trigger a rally, targeting $4.100–$4.150, especially if buying volume spikes.

Stop Loss Recommendations:

For Long Positions: Place a stop loss at $3.900 to limit downside risk.

For Short Positions: Set a stop at $4.050 to protect against a potential reversal.

$OM is entering a high-volatility zone—stay alert and trade strategically!