🚨 $OM
Short Liquidation Alert – Bulls Taking Over? 🚨
A $2,361.8 short position just got liquidated at $0.44163 on $OM. This kind of short squeeze can flip momentum fast, and we’re already seeing signs of bullish pressure building.
🔍 Quick Technical Breakdown:
Current Price: $0.44163 (post-liquidation level)
Immediate Resistance: $0.455 – $0.460 (watch for breakout confirmation above this zone)
Next Resistance if Breaks Out: $0.488 – $0.495
Support Levels: $0.432 (local support), then $0.418 (stronger base)
RSI (Relative Strength Index): Approaching 65 — not overbought yet, but heating up.
MACD: Bullish crossover recently printed, momentum looks to be shifting.
If bulls can hold above the $0.440 zone and push through $0.460 with volume, it could open the door for a bigger move. But if price dips below $0.432, the squeeze might have been short-lived.
📈 Strategy Tip: Watch volume closely and consider setting alerts around resistance levels. Breakouts without volume can fake out.
🧠 Not financial advice – always do your own research (DYOR) and use proper risk management.
#CryptoAlert #OM