its ripe for a short squeeze

$USUAL Here is a detailed and simple breakdown based on the information provided.

Short Liquidation Recap.

Liquidation Amount: $5,010.2

Price of Liquidation: $1.08189

This indicates a short squeeze event where short sellers exited at the above price.
It often suggests a bullish movement ahead.

Buy Zone.

Recommendation: Accumulate $USUAL between $1.05 to $1.08.

This range provides a lower risk entry for buyers based on current activity and potential bullish recovery.

Target Levels.

1. First Target (T1): $1.12

A conservative target for quick profit taking.

2. Second Target (T2): $1.18

This assumes momentum continues due to higher trading interest.

3. Third Target (T3): $1.25

A medium-term bullish target in case of sustained growth.

Stop Loss.

Suggested Stop Loss: $1.03

To minimize losses if the price breaks the lower support levels.

Tips for Traders.

1. Watch Volume: Ensure trading volume is strong during your buying zone to confirm interest.

2. Set Alerts: Use alerts for target prices and stop-loss to act quickly.

3. Market Sentiment: Track $USUAL’s news and market sentiment as it can drive price action unexpectedly.

Would you like me to provide updates or strategies for exit points.

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