$USUAL
Attempts a Recovery: Can Bulls Sustain the Momentum?
$USUAL is trading at $1.3274, up by 7.33% over the past 24 hours, bouncing off its recent low of $1.2700 after a steep retracement from the high of $1.6521. This recovery signals a potential stabilization as the price hovers near a critical support level. Resistance at $1.4000 remains a key barrier for further upside, while $1.3000 serves as the immediate support zone.
The RSI at 28 highlights oversold conditions, suggesting the possibility of a stronger bounce if volume and buying interest increase. However, MACD readings reveal persistent bearish momentum, requiring traders to remain cautious. Watch for $USUAL to either break resistance or consolidate further before making decisive moves. This could be a pivotal moment for a bullish turnaround.