$OM Long Position Liquidated: $59.9K at $3.874
Update on $OM (Osmosis): A significant liquidation just occurred on a long position worth $59.9K at $3.874, showing the intense volatility in the market.
This event highlights how quickly things can change, even for larger positions.
Next Move for $OM :
After the liquidation, expect short-term price fluctuations, with potential to retest recent support levels.
If you’re looking to trade, watch for a rebound at lower levels, especially near $3.50.
Keep an eye on volume and momentum indicators for confirmation of a trend reversal or continued downtrend.
Advice:
Be cautious about entering new positions without solid confirmation of trend direction.
Focus on risk management and stay updated on market news.
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