$USUAL
Long Liquidation Alert: $3.0008K at $1.094
The market just delivered a blow to USUAL bulls as $3.0008K worth of long positions were liquidated at $1.094. This liquidation signals increased selling pressure, putting the price in a precarious position.
1️⃣ Bearish Outlook: If USUAL falls below $1.09, it may target the $1.07 support level. A deeper slide could see it test $1.05 if bearish momentum continues.
2️⃣ Bullish Recovery: On the flip side, if buyers step in and reclaim $1.10, USUAL could rebound toward resistance at $1.12 or even $1.15.
Market Dynamics:
The liquidation highlights growing volatility, creating opportunities and risks for traders.
Momentum is currently bearish, but a reversal is possible if strong buying emerges near support.
Strategic Focus:
Use tight stop-losses to minimize risk in case of further downside.
Look for volume increases to signal either a breakdown or recovery.
USUAL’s price action is at a critical point—stay vigilant and ready to adapt to the next market move!#usualcoin #JanuaryTokenUnlocks #BTCMiningPeak