⚠️ $ORCL ALERT — SELLING PRESSURE HITS THE TECH GIANT!
Oracle bulls have taken a hit! A fresh liquidation event has wiped out $60.8K in leveraged long positions at $110.23, raising questions about the stock's immediate direction.
This suggests that some bullish traders were caught on the wrong side of the move. The important question is whether sellers will continue pushing lower or buyers will step in to defend the current zone.
📊 LIQUIDATION WATCH
- Asset: ORCL (Oracle)
- Liquidation Direction: Long
- Liquidated Value: $60.8K
- Liquidation Price: $110.23
- Key Pivot Area: $110.00–$110.25
📍 LEVELS ON MY RADAR
Price Zone| Level
First Resistance| $111.50
Major Resistance| $113.00
Upside Objective| $115.00
Initial Support| $109.00
Lower Support| $107.50
🔍 MY MARKET EXPECTATION
<badge color="danger">CAUTIOUSLY BEARISH</badge>
🔴 If selling continues: A decisive move below $109.00 could expose $107.50.
🟢 If buyers step in: Reclaiming $111.50 with convincing volume could trigger a recovery toward $113.00–$115.00.
🎯 PROFESSIONAL TRADING PLAN
I would avoid aggressive dip-buying until Oracle demonstrates a solid recovery. The $109.00 area is worth monitoring closely, while $111.50 is the first upside confirmation level.
One liquidation event, two possible directions — ORCL must now prove where real market demand stands!
⚠️ These are illustrative trading scenarios, not verified live technical levels. ORCL is a stock, not a cryptocurrency. Always check current market data and manage risk.
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