$USUAL Short Liquidation: $5.2118K at $1.18694
๐จ Market Update:
Liquidation Type: Short
Liquidation Value: $5,211.80
Liquidation Price: $1.18694
๐น Market Insight:
USUAL has surged, leading to significant short liquidations at $1.18694. This indicates strong bullish sentiment and potential for further upward movement as traders pile into the momentum.
๐ฅ Whatโs Next?
Buy Zone: Consider entering between $1.1900 and $1.2000, where price strength appears solid.
Target 1: Set your sights on $1.2500, the next key resistance level, offering a potential 4.2% gain.
Target 2: If momentum sustains, aim for $1.3000, a critical breakout zone.
Stop Loss: Protect your capital by setting a stop-loss at $1.1600.
๐ฅ Key Levels to Monitor:
Support Zone: Strong support lies at $1.1800. A dip to this level followed by a bounce could signal fresh buying interest.
Breakout Potential: A clear move above $1.2500 could spark a rally toward $1.3500, driven by bullish confidence.
๐ Pro Tips:
1. Watch Volume: High volume near $1.1900 confirms buyer strength, while low volume near resistance suggests caution.
2. Secure Profits: Lock in partial gains at $1.2500 and trail your stop-loss as USUAL approaches $1.3000.
3. Stay Updated: Monitor related market trends for insights into whether the bullish momentum can sustain.
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