$USUAL /USDT - Technical Analysis and Target Updates
Current Price: $1.3781 (+3.55%)
Chart: 30-minute timeframe (Binance)
Target Achieved: $1.35
$USUAL /USDT has successfully hit our first target of $1.35, showing strong bullish momentum. The breakout above $1.30 confirmed a continuation of the uptrend.
Next Key Targets:
1. Short-Term Target: $1.40
Expect resistance near $1.40 as the price approaches psychological and technical levels.
Action: Secure partial profits and adjust stop-loss to $1.35 to lock gains.
2. Intermediate Target: $1.45
A break above $1.40 could trigger a swift move to $1.45, supported by strong volume.
Action: Monitor momentum indicators for a potential breakout confirmation.
3. Long-Term Target: $1.50
If the bullish trend sustains, $1.50 is a realistic target. Watch for sustained buying pressure and higher lows.
Action: Reassess risk/reward and consider securing profits if momentum weakens.
Technical Indicators:
Trend: Bullish
Support Levels: $1.35, $1.30
Resistance Levels: $1.40, $1.45, $1.50
Pro Tips:
Short-Term Traders: Secure partial profits near each target and trail stop-loss aggressively.
Long-Term Investors: Hold positions while protecting downside risks.