🚨$USUAL / USDT Analysis: Strong Recovery with a 16.77% Surge🚀

The $USUAL / USDT pair is currently trading at $1.4377, recording a significant +16.77% gain in the last 15 minutes. The asset shows robust recovery momentum, supported by increasing market interest.

Key Observations:

1. 24H Price Range:

High: $1.6521

Low: $1.1000

A volatile range reflects strong bullish and bearish activity.

2. Moving Averages:

7-day MA: $1.4069 (providing immediate short-term support).

25-day MA: $1.4057 (slightly below the 7-day MA, indicating bullish crossover).

99-day MA: $1.3735 (price remains well above the long-term trendline).

3. Volume Highlights:

USUAL Volume: 880.11M in 24 hours.

USDT Volume: 1.21B, showing robust liquidity.

Technical Analysis:

The price rebounded strongly from the $1.1000 support level, forming higher highs and sustaining above key moving averages.

Immediate resistance is seen at $1.4773, and a breakout above this could retest the $1.6521 high.

On the downside, the $1.37 - $1.40 range serves as a crucial support zone.

Market Outlook:

USUAL is showcasing bullish momentum with increasing buyer confidence. Traders should watch for consolidation or a potential rally above the $1.65 level. Do you expect USUAL to maintain its bullish momentum? Share your insights below!