šØ $USUAL Short Liquidation! šØ
š„ A massive $10,491 worth of shorts liquidated at $0.70463! Bulls have taken the reins, forcing the bears to retreat. Is this the start of a breakout, or will the price consolidate before its next move? Letās plan the action ahead!
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Current Market Insights
Price Action: Heavy short liquidation signals bullish momentum building up.
Market Sentiment: Buyers are stepping in, but retracements could offer better opportunities.
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Trading Plan
Buy Zone:
Look for entries between $0.6850 - $0.7000.
(Be patient and wait for a pullback before entering.)
Targets:
1. Target 1: $0.7250
2. Target 2: $0.7500
3. Final Target: $0.7850
Stop Loss:
Place a strict stop loss at $0.6700 to protect your downside.
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What to Watch For
1. Resistance at $0.7100: Breaking this level could lead to a sharp rally.
2. Volume Surge: High buying volume will confirm the bullish trend.
3. Support at $0.6850: If this holds, itās a strong signal of bullish strength.
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$USUAL is heating up, and the market is primed for action. Stick to your plan, manage your risk, and trade with discipline. The next big move could be just around the cornerāstay sharp and trade smart! š
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