$USUAL Short Liquidation Hits $4.22K at $0.9672.
The crypto market never sleeps, and just delivered a dramatic turn.
A whopping $4,220 worth of shorts were liquidated as the price surged to $0.96656, catching bearish traders off guard.
This liquidation highlights strong bullish momentum in $USUAL , potentially signaling more volatility ahead. With such moves, traders are watching closely to capitalize on the next big swing.
What Does This Mean.
Short Liquidation occurs when traders betting on a price drop are forced to exit their positions due to rising prices.
The liquidation at $0.96656 shows significant resistance being broken, turning it into a potential key support level.
Key Levels to Watch.
Support: $0.96656 (post-liquidation level)
Resistance: $1.00 (psychological level), $1.05 (recent high)
What’s Next.
With short-sellers shaken, bullish traders could target $1.00 or higher.
If the price retraces, buyers might look for re-entry near $0.96-$0.94.
Stay vigilant, as $USUAL is heating up, and the next move could be just as thrilling.
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