🚨 $USUAL Short Liquidation Alert! 🚨
Massive move in the market! A $10.786K short position just got liquidated at $1.07184. This could trigger some fast price action as the market reacts to this big shift. Let’s dive in and see what’s happening and what to watch for next!
What’s Happening?
The liquidation at $1.07184 means a lot of traders who were betting on the price to drop have been forced to exit, creating buying pressure.
This could lead to a short squeeze, where the price moves higher quickly as those shorts close their positions.
What’s Next for $USUAL?
Current Price: Watch the $1.07 - $1.10 area. If $USUAL stays above this level, there might be more upside potential. But if it falls below, it could pull back toward $1.00.
Resistance: The next big resistance is around $1.15. If $USUAL breaks through this, we could see a run toward $1.20.
🔥Buy Zone: Consider buying between $1.05 - $1.07. If the price holds above $1.07 and shows signs of strength, it could be a great entry point.
🎯Target: Short-term target would be $1.15. If clears this resistance, aim for $1.20 or even $1.25 as the next targets.
🚨Stop Loss: Set your stop loss just below $1.00 to protect yourself if the price reverses quickly.
Conclusion: With a major $10.786K short liquidation, USUAL could see some explosive price action. Watch for price stability around $1.07 and $1.10, and keep an eye on resistance at $1.15. Always manage your risk with a stop loss and tar
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