#USUAL Market shake: $USUAL Long Liquidation Alert.


The market just witnessed a significant long liquidation of $7,008.4 at a critical price level of $0.3916
What happened?
A long liquidation occurs when traders holding long positions are forced to exit due to price drops, causing a cascade of sell orders. This liquidation at $0.39061 signals intense bearish pressure, eliminating bullish bets on the upward movement of $USUAL.
What does this mean to you?
This event indicates:
High volatility: $USUAL may experience large price swings in the short term.
Bearish Sentiment: The break below $0.39061 shows that sellers are in control.
Key levels to watch
Support Zone: Look for stabilization near $0.3800. A strong bounce here can attract buyers.
Resistance Levels: Bulls need to reclaim $0.4000 to regain momentum.
Professional Tip for Traders
If you are a buyer, wait for confirmation of a reversal with strong volume above $0.39061.
For sellers, keep an eye on the momentum - any further break could bring prices closer to $0.3700.
Stay tuned! Sudden liquidations can create opportunities for experienced traders. Is this a signal to buy low or a warning of more pain in the future? The next move could be decisive.
USUAL-0,92%
UMA2,51%
S6,3%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)