$OBOL Short Liquidation Update!

OBOL has just seen $1.51K in short liquidations at $0.10819, signaling that sellers are getting squeezed as buyers start to reclaim control. This could be the early sign of a short-term bullish reversal.

Technical Outlook:

Support Zone: $0.105 – $0.107

Resistance Range: $0.111 – $0.114

Market Insight:

Liquidation of shorts often hints at upside potential, as traders covering positions can fuel further momentum. Holding above $0.108 would strengthen the case for a push toward $0.112+ in the coming sessions.

Trading Plan:

Buy Entry: Around $0.107 – $0.108 for momentum plays

Target Range: $0.112 – $0.114

Stop-Loss: Below $0.105 to manage downside risk

Summary:

With shorts getting cleared out, OBOL might be preparing for another leg upward. Watch for steady accumulation near support — the next move could bring a breakout above key resistance!

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