$USUAL Liquidation Alert: $36.279K Shorts Wiped Out at $1.05819!
USUAL ($USUAL ) just saw an incredible short liquidation of $36,279 at $1.05819, signaling a major shift in momentum. This massive liquidation suggests that the market could be gearing up for an exciting move! Let’s break down the next steps and key levels to watch.
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Key Levels for USUAL
1. Buy Zone:
$1.05 - $1.10: Ideal entry point for short-term traders if the price retraces slightly.
$0.95 - $1.00: If the price pulls back further, this is a stronger zone to consider for longer-term positions.
2. Target Levels:
Short-term target: $1.15 - $1.20.
Mid-term target: $1.30 - $1.40.
3. Stop Loss:
Set your stop loss below $0.95 to manage downside risk effectively.
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What’s Next for USUAL?
Bullish Scenario:
If USUAL stays above $1.05 and shows strong buying volume, it could target $1.15 and $1.20. A breakout above $1.20 with increasing volume could lead to a surge toward $1.30 and beyond.
Bearish Scenario:
If USUAL drops below $1.05, it could test the $0.95-$1.00 range for support. If it fails to hold, the next key support level would be around $0.90.
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Factors to Monitor
1. Volume Activity: Keep an eye on volume spikes near the buy zone ($1.05-$1.10). High volume could signal the continuation of a bullish trend.
2. Market Sentiment: Broader crypto market trends could impact USUAL. If Bitcoin or other major coins rally, USUAL may follow suit.
3. Project News: Any developments or updates related to USUAL could act as a catalyst for price action.
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Pro Tip: Be cautious in volatile markets and avoid emotional trading. Stick to your strategy, manage risk, and don’t chase the price. This is not financial advice—just an analysis to guide your next steps. Trade wisely and stay disciplined!
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