$USUAL Long Liquidation Alert
$2,729 worth of long positions just got wiped out at $1.02866—a sharp blow to bullish traders!
Key Details:
1. Liquidation Trigger: Price dipped to $1.02866, triggering a cascade of long liquidations.
2. Market Sentiment: Weak support at this level suggests growing bearish pressure or aggressive short selling.
Next Move:
For Bears:
Short Setup: If the price fails to reclaim $1.03, consider shorting the next resistance levels with targets at $1.00 or lower.
Watch for momentum to build below $1.02 for confirmation.
For Bulls:
Support Focus: $1.02 is critical. If this zone stabilizes, a bounce to $1.04 or higher could offer recovery opportunities.
Enter cautiously with tight stop-losses below $1.02.
Neutral Traders:
Wait for the price to break out of the $1.02-$1.03 range before committing to a direction.
Risk Management:
Extreme volatility expected—keep your position sizes small and use proper stop-loss orders.
Monitor whale activity and order books for sudden spikes or breakdowns.
Pro Tip: Liquidations often signal trend shifts or the start of major moves.
Let the market reveal its hand before making bold trades!$USUAL