25-12-2024: Understanding Supply and Price Trends
🔎 Supply Overview
Maximum Supply: 4 billion
Issued Tokens: 495.61 million
Circulating Supply: 477.13 million
Remaining Tokens (Uncirculated): 18.48 million
This tight supply structure supports a healthy market, with limited new tokens potentially entering circulation in the short term.
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📈 Price Action & Trends
Current Price: $1.2614 (-7.79%)
Trend: Positive momentum despite minor pullback
Key Resistance Levels: Needs to break above $1.35 for further upside
Support Zones: Holding strong around $1.20
Increasing volume indicates robust investor interest. However, breaking above resistance is crucial to confirm further bullish movement.
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🛠️ Strategy for Traders
Short-Term: Monitor price action around $1.35 resistance. If broken, the next target could be $1.50.
Medium-Term: Sustained demand could push prices higher, but watch for corrections around $1.20 support levels.
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💡 Conclusion
The controlled supply and growing demand make USUAL an attractive token for consistent growth potential. While optimism is warranted, managing risks at resistance points remains essential.