🚨 $USUAL Short Liquidation Alert: $5.0487K at $1.37156! 🚨

The $USUAL market has just seen a major short liquidation of $5.0487K at the price of $1.37156, causing the market to take an unexpected turn. This could be a signal for a potential reversal or sharp move! Let’s break it down:

🔍 Current Situation:

Liquidation level: $1.37156

Amount liquidated: $5.0487K

A significant number of short positions were forced to close, which could cause the price to rise rapidly due to the squeeze. This is a key moment to watch!

💡 What’s Next?

Price Action Prediction: After the liquidation of shorts, there’s a chance for price to surge as buyers jump in. We might see a quick rally if the momentum carries through, but be cautious for any corrections afterward.

🎯 Buy Zone:

Watch for a potential buy entry between $1.35 to $1.40. If the price dips into this range, it could bounce back strongly as traders look to take advantage of the upward move.

🚀 Target Price:

$1.50 - $1.55: If the rally continues, the price could hit these resistance levels. Keep an eye on these areas to take profits.

⛔ Stop Loss:

Set your stop loss at $1.30 to $1.33 to protect yourself in case the price reverses and drops below the key support zone.

🔔 Key Things to Watch:

Keep an eye on volume: A rise in volume could signal a continuation of the rally.

News and market sentiment: Watch out for any updates that might impact the broader market and cause price shifts.

⚠️ Important Reminder: The crypto market is volatile, and things can change quickly! Always practice risk management and never trade with more than you can afford to lose.

💥 Stay sharp, trade carefully, and make your move! 💥

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