The orange area shows the fluctuation range of the current price. • The ascending line indicates a previous bullish trend, but it is now under test with correction signals.Volume: • Trading volume (24 hours): 82.45M for USUAL, 52.21M for USDT, which reflects high interest but there may be some selling.
Recommendations: • If there is a clear break of the support level at 0.68, the price may head towards 0.5516. • If the price rebounds and succeeds in breaking 0.7320, it may retest the top at 0.8977
• Price trend: The current price is 0.6722 2.38%. It appears that the price has gone through a strong rise several times but has failed after reaching the top at 0.8977. • Indicators: • Bollinger Band: It is above the upper limit of the Bollinger Band, indicating a strong rise, but it may be heading for a rebound. • MACD: It indicates the strength of the charge, but the connection of the two lines may mean a weakening of the weakness. • RSI: It appears at 73.66, which is in the overbought area (overbought), which means that an improvement is likely soon. • (Volume): The increasing volume during the charge indicates good support for the computer charge.
Technical opinion 1. If you are a short-term investor, this month may be suitable for a long position or waiting for a corrective move. 2. If you are a target-oriented investor, it may be wise to follow important support levels such as 0.67.
$USUAL According to the new image, the current price is 0.6220 USDT with a decrease of 11.97%. There are several important points to note:
Technical Analysis: 1. Current Price: • The price is moving below the important resistance at around 0.73-0.74 recorded in the last 24 hours, which means that there is strong selling pressure at those levels. 2. RSI Indicators: • The RSI (12) indicator at 64.85 indicates that the market is approaching an overbought condition on the daily timeframe. This means that the correction is likely to continue before attempting to rise again. 3. Trading Volume: • There are relatively high trading volumes, which indicates significant activity from buyers and sellers. However, the decline with high volume indicates the strength of sellers at this stage. 4. Market Trend: • The price is still trading above the moving averages (MA), which means that the general trend is bullish, but caution is required as the current correction may continue.
What could happen? • Before Pre-Market closes: A bullish bounce may occur if buyers step in to push the price closer to previous highs (0.73 or above). • After Listing (December 18): • If demand from Binance traders increases, the price may break out of the current resistance. • If selling pressure continues, we may see a further drop to closer support levels such as 0.55 or below.
Practical tips: 1. If you intend to hold: • Wait for the volatility caused by the listing to end. • Have an exit plan if the price drops to critical levels (e.g. 0.50). 2. If you are considering Averaging Down: • Buying more at strong support levels (0.55-0.50) may help reduce the average purchase cost, but be aware of the risks. 3. Watch the listing: • There is usually a strong movement after the listing. If there is a sudden spike, you can use it to exit or cut losses.
Final Tip:
Watch the resistance of 0.73-0.74 and the current support level of 0.60-0.55.