$USUAL Here is a detailed and simple breakdown based on the information provided.
Short Liquidation Recap.
Liquidation Amount: $5,010.2
Price of Liquidation: $1.08189
This indicates a short squeeze event where short sellers exited at the above price.
It often suggests a bullish movement ahead.
Buy Zone.
Recommendation: Accumulate $USUAL between $1.05 to $1.08.
This range provides a lower risk entry for buyers based on current activity and potential bullish recovery.
Target Levels.
1. First Target (T1): $1.12
A conservative target for quick profit taking.
2. Second Target (T2): $1.18
This assumes momentum continues due to higher trading interest.
3. Third Target (T3): $1.25
A medium-term bullish target in case of sustained growth.
Stop Loss.
Suggested Stop Loss: $1.03
To minimize losses if the price breaks the lower support levels.
Tips for Traders.
1. Watch Volume: Ensure trading volume is strong during your buying zone to confirm interest.
2. Set Alerts: Use alerts for target prices and stop-loss to act quickly.
3. Market Sentiment: Track $USUAL’s news and market sentiment as it can drive price action unexpectedly.
Would you like me to provide updates or strategies for exit points.
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