$USUAL Short Liquidation đ¨
A hefty $8.6829K in shorts just got liquidated at $0.38267! The bears are in trouble, and the bulls have seized the momentum. This could be the start of a big move for $USUAL. Letâs break it down and get you ready for the next opportunity.
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Whatâs Happening?
Short liquidations mean forced buying pressure, which often pushes the price higher. This is a strong signal that USUAL might have more room to climb. Smart traders are already eyeing their next moves.
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Buy Zone:
Look to enter between $0.365 - $0.375, a solid support zone where buyers have stepped in before.
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Targets:
1ď¸âŁ First Target: $0.400 â A key resistance level and a psychological barrier.
2ď¸âŁ Second Target: $0.420 â If the momentum stays strong, this is the next zone to watch.
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Stop Loss:
Place your stop loss at $0.355 to limit your risk if the price pulls back unexpectedly.
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Strategy:
1. Wait for a pullback into the buy zone to avoid chasing the price.
2. Look for confirmation signals like increased trading volume or a strong bounce.
3. Stick to your plan and manage your risk carefully.
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Next Move:
If $USUAL can hold above $0.380, the bulls could take control and push the price toward $0.400 or higher. However, if it dips below $0.365, we could see a short-term correction.
Stay sharp and readyâ$USUAL is gearing up for what could be a major move. đ
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