🔥 $USUAL Market Analysis & Prediction 🔥
📊 Market Insights:
$USUAL has experienced significant volatility, dropping over 17% from its recent high of $1.3698. Despite the correction, the uptrend remains intact as the price holds above the key psychological support level of $1.00.
Resistance Levels:
$1.20: Immediate resistance that needs to be reclaimed for bullish continuation.
$1.37: Recent high and a critical level for further upside momentum.
Support Levels:
$1.00: Key psychological support; a break below this could trigger further downside.
$0.90: Strong support zone to consider for accumulation if $1.00 fails to hold.
🔮 Prediction:
Bullish Scenario:
If $USUAL stays above $1.00 and reclaims $1.20, it could rally toward $1.37 or higher. Breaking $1.37 would signal a continuation of the broader uptrend.
Bearish Scenario:
Failure to hold $1.00 could lead to selling pressure, with the next support at $0.90.
📌 Suggested Strategy:
Short-Term Traders: Look for a bounce from $1.00 for a possible retest of $1.20.
Long-Term Investors: Consider adding positions on dips near $1.00 or $0.90, targeting a recovery toward $1.37 or higher.