$OM Short Liquidation: $6.1245K at $3.52389
🚨 Market Update:
Liquidation Type: Short
Liquidation Value: $6,124.50
Liquidation Price: $3.52389
💹 Market Insight:
Mantra (OM) has surged, triggering a $6.1K short liquidation at $3.52. This indicates strong bullish sentiment, and the price may continue upward if buying pressure remains strong.
🔥 What’s Next?
Buy Zone: Look to enter between $3.50 and $3.55, where price stability or minor pullbacks might provide a good entry point.
Target 1: Aim for $3.70, the next resistance level, offering a 4.9% potential gain.
Target 2: If momentum persists, target $3.85, a significant breakout zone.
Stop Loss: Set a stop-loss at $3.40 to protect against downside risks.
💥 Key Levels to Watch:
Support Zone: $3.50 acts as critical support. A dip and recovery from this level could confirm continued bullish strength.
Breakout Potential: A move above $3.70 could push the price toward $4.00, driven by bullish momentum.
🔔 Pro Tips:
1. Volume Analysis: High trading volume near $3.50 confirms strong buying interest, while weak volume indicates caution.
2. Secure Profits: Lock in partial gains at $3.70 and trail your stop-loss for added safety as OM approaches $3.85.
3. Market Sentiment: Monitor the overall market trend, as OM often follows broader altcoin momentum.
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