$USUAL Long Liquidation Alert!
A massive long liquidation has just occurred for $28.466K at $0.59215, signaling a sharp shift in market conditions.
This sudden move marks significant pressure on long positions, and traders need to stay alert.
Key Details:
Liquidation Amount: $28.466K
Liquidation Price: $0.59215
Market Sentiment: Bearish reaction following liquidation, but watch for possible recovery.
Next Move:
Look for potential support at $0.5700 and $0.5800.
If the price holds these levels, a rebound could be in play, offering an entry point for long positions.
If $USUAL fails to stabilize and continues lower, consider shorting with a target near $0.5500.
Stop Loss:
Place your stop loss at $0.6000 to mitigate any potential risk of further price surge.
Monitor the market closely, and be ready to adjust your strategy based on price action!
