Massive Liquidation Alert.
$USUAL Long Liquidations:
A staggering $5.8862K liquidated at the critical level of $0.9348.
The pressure is mounting as the market takes a dramatic turn! With bulls caught off guard, the cascading liquidations hint at intense selling pressure and a significant shift in sentiment. Traders holding long positions couldn't defend this level, leading to forced liquidations and amplified volatility.
What does this mean for $USUAL
Support Broken: $0.93121 was a key level, now flipped into resistance.
Next Levels to Watch:
Support Zones: Look for stability near $0.90 or $0.85, where buyers may step in.
Resistance Zones: Bulls need to reclaim $0.95 to regain control.
What to Expect.
1. If selling pressure continues, short opportunities may arise targeting lower levels.
2. However, buyer interest at major support zones could spark a reversal.
Stay vigilant and manage your risk. In such volatile conditions, technical analysis and disciplined strategies are your best tools.
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