ALERT: $OM Longs Liquidated!
$1.95K flushed at $0.3940 — is a reversal brewing or more pain ahead?
The bulls just took a heavy blow at $0.3940 — nearly $2K in long liquidations swept out in a flash! But what if this pain is actually the perfect buy signal?
Market is shaking out weak hands. Smart money is watching. Are you?
Technical Analysis (Swing Trade Outlook):
Buy Zone:
$0.3880 – $0.3950 (High liquidity grab zone, possible bottom formation)
Accumulation signs appearing in this range. If volume increases with consolidation, it’s a golden entry.
Targets:
Target 1: $0.4260 (First resistance & previous breakdown level)
Target 2: $0.4480 (Gap fill + psychological resistance)
Target 3: $0.4780 (Swing high, bull breakout confirmation zone)
Stop-Loss:
Below $0.3820 (If it breaks and closes below this on 4H candle, bullish bias invalidated)
Key Insights:
The liquidation zone at $0.3940 is a major demand reclaim candidate.
If price bounces with volume and holds $0.3950+, we may see a quick surge.
RSI and MACD are hinting at a momentum reversal.
Watch Closely: Smart money moves in silence, but charts don’t lie.
