🔴 $OM Longs Liquidated — $1.13K Wiped Out at $0.43421!
SLAMMED! The long side just got torched.
A sharp $1,128.5 worth of long positions on #OM were liquidated at $0.43421, as bulls miscalculated momentum and the market turned unforgiving.
What went down?
Traders went long, confident a breakout was coming — but OM reversed suddenly, slicing through support. Margin calls lit up, and forced liquidations triggered a fast flush, driving the price further down.$OM
Why this is important:
Even though the size is modest, the precision of this liquidation zone shows how vulnerable the bulls were.
Liquidations = automatic sell pressure, weakening market structure.
This drop may either set the stage for a bounce — or mark the start of a deeper pullback.
Market Mood:
Skittish. Leaning Bearish. Fragile.
Traders are eyeing the next move carefully. Is this a bull trap, or the washout before a rebound?
Key Levels to Watch:
Support to Hold: $0.4260 — lose this, and it opens a slide to $0.410
Reclaim Zone: $0.440 – $0.445
Upside Trigger: A clean break and close above $0.450 reignites bullish interest.
Final Take:
#OM long traders just paid the price for hesitation and leverage. Now the market watches — was this the final shakeout, or the first of many?$OM
CoinCrafters — Adapt or get liquidated. Discipline wins in volatility.