$USUAL Short Liquidation: $1.0264K at $0.1441 – Bulls Eyeing Potential Reversal?
After $1.0264K in short liquidations at $0.1441, the price has reacted sharply.
With liquidation pressure clearing out, buyers might be stepping in, but the key is whether the momentum holds.
📉$USUAL TRADE SETUP – Is the Bounce Coming?
• Entry Zone: Watch for confirmation in the $0.140 – $0.145 range (ideally on a bounce). • 🎯 TP1: $0.155
• 🎯 TP2: $0.165
• 🎯 TP3: $0.175
• 🛑 SL: Below $0.135 (to manage risk).
Market Insight:
Short liquidation can often lead to sharp upward price moves, especially if more shorts are forced out.
Support zone is near $0.140 – $0.145, and if volume spikes, we might see the price surge to resistance levels like $0.155.
Pro Tip:
Wait for bullish candlestick patterns, such as an engulfing candle or a strong 15-minute close above $0.150 with increasing volume. This would signal a confirmed bounce.
