$OM Short Liquidation: $10.061K at $3.68932

A massive $10.061K short position in $OM has been liquidated at $3.68932, marking a powerful move by bulls to reclaim control.

This liquidation suggests intense buying pressure, with shorts scrambling to cover.

Is this the start of a bullish breakout or a temporary squeeze?

Key Details:

Liquidation Size: $10.061K

Price Level: $3.68932

Market Sentiment: Bullish momentum is surging, forcing shorts out of their positions and driving prices higher.

Next Move:

1. Resistance Watch: Pay close attention to $3.75 as a critical resistance.

A clean break above could signal continued upside.

2. Volume Surge: Look for sustained high volume—this confirms the breakout.

Low volume could indicate a potential pullback.

3. Strategic Approach:

For Bulls: Look for entry opportunities on pullbacks near $3.68 or after a confirmed breakout above $3.75.

For Bears: Stay cautious—avoid shorting until a clear rejection or trend reversal is visible.

The momentum is building, and $OM is primed for action.

Stay focused—big moves are on the horizon!