🚨 Trading Signal Alert for $USUAL /USDT🚨

Overview:

Recent Price Action: After a significant spike to around $0.4780, USUAL/USDT experienced a decline followed by consolidation.

Current Momentum: The coin is showing signs of stabilization after initial volatility.

Current Price: $0.2544

Trade Signals:

Entry Price: Consider entering trades near the current consolidation level of $0.2544.

Resistance Levels: Watch for resistance near the recent spike high of approximately $0.4780.

Support Levels: Critical support can be found at the lower end of post-spike consolidation around $0.1599.

Take-Profit Targets:

T1: Slight increase from entry - around $0.280

T2: Midway to recent high - approximately $0.3306

T3: Near previous spike levels but below resistance - just under $0.470

Stop Loss Level:

Set stop loss slightly below support level at around $0.155 to mitigate risk.

Cautionary Note:

Traders should monitor for stability within the current consolidation range and be alert for any signs of breakout or further decline.

Technical Analysis Report Post (Binance)

The technical analysis of USUAL/USDT indicates that after an initial surge in price, there has been a pullback with subsequent stabilization in price action on the short-term 15-minute chart.

Indicators:

White Indicator (Resistance): Approximately at $0.478

Green Indicator (Bullish Trend): Consolidation phase showing potential bullish momentum if it holds above support.

Red Indicator (Bearish Trend): Initial sharp decline from peak suggests bearish pressure; watch if price falls below support level.

Trading Signals:

Short Trade Signal: If price breaks below support level ($0.1599), consider short positions.

Long Trade Signal: If price holds above support and breaks resistance at $0.478, consider long positions.

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Feel free to ask if you need more details or have any other questions!