$USUAL /USDT Technical Analysis & Trade Signal💥🔥🚀🚀
Current Price: $0.7313 (+1.68%)
Key Levels:
Resistance 1 (R1): $0.7498 (24h high)
Support 1 (S1): $0.7000 (psychological and SAR level)
Support 2 (S2): $0.6800 (24h low)
Technical Indicators:
1. SAR: 0.7007 – Indicates a bullish trend as the price is above the SAR level.
2. Momentum: Positive, with price up by 1.68%.
3. Volume Analysis:
Strong trading volume (40.17M USUAL in 24h) shows active participation.
4. Trend Direction: Uptrend continues with consistent higher lows and a breakout potential above $0.7498.
Trade Setup:
Trade Momentum: Bullish – Favoring a long position as indicators signal upward potential.
Entry Point:
Buy Zone: $0.7250–$0.7310 (current range, just below resistance)
Targets 🎯:
1. Target 1: $0.7490 (near the 24h high; potential first breakout)
2. Target 2: $0.7700 (next resistance based on Fibonacci extensions)
3. Target 3: $0.8000 (psychological level, likely to attract buyers)
Stop Loss:
Below $0.7000 – Invalidates the bullish momentum and protects against false breakouts.
Risk-to-Reward Ratio:
Favorable at 1:3 (Risk of $0.0313 vs. Reward of $0.0900 on T3).
Final Insights:
The bullish momentum supported by a rising SAR and increased volume suggests a breakout above $0.7498 is likely. However, keep an eye on $0.7000, as a drop below this level could signal a reversal.
