$USUAL /USDT Trading Signal - Testing Support Zone
Current Price: $0.7826
24H Range: $0.7712 - $0.9562
Analysis:
USUAL has experienced a steep decline of over 15% in the past 24 hours, testing a critical support zone at $0.7712. The price is trading below EMA(7) at $0.7907 and EMA(25) at $0.8462, confirming a strong bearish trend. However, if the support at $0.7700 holds, a rebound is possible.
Potential Setup:
Entry Zone: $0.7700 - $0.7850
Targets:
Target 1: $0.8000
Target 2: $0.8250
Target 3: $0.8500
Stop Loss: $0.7550
Observation:
The current price action indicates a potential oversold condition near $0.7700. A move above EMA(7) at $0.7907 could signal the beginning of a short-term recovery. Failure to hold $0.7700 may lead to further downside toward $0.7500.
Actionable Advice:
Wait for stabilization above $0.7700 before entering a position.
Secure profits incrementally at each target and adjust stop-loss levels to minimize risks.
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