$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) saw a significant short liquidation at $3.52389, indicating strong bullish momentum.

This upward pressure could extend as buyers capitalize on the market shift, presenting a promising trading opportunity.

🔥 What’s Next?

Buy Zone: Enter between $3.50 and $3.55, where consolidation or pullbacks could offer favorable entry points.

Target 1: Set your sights on $3.70, the next resistance level, for a potential 5.0% gain.

Target 2: If the bullish trend strengthens, aim for $3.85, a key breakout zone.

Stop Loss: Place your stop-loss at $3.40 to limit potential downside risks.

💥 Key Levels to Watch:

Support Zone: $3.50 serves as a strong support level. If the price bounces here, it may confirm continued bullish sentiment.

Breakout Potential: A move above $3.70 could trigger a rally toward $4.00, driven by market optimism.

🔔 Pro Tips:

1. Watch Volume: High buying volume near $3.50 signals strong momentum, while weak volume may indicate caution.

2. Secure Gains: Lock in partial profits at $3.70 and adjust your stop-loss as OM approaches $3.85 to protect gains.

3. Track Market Sentiment: Monitor the overall DeFi and altcoin market to gauge continued bullish trends.

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