#FedHODL *USUAL/USDT** trading pair, here’s a **technical analysis**
### **1. Current Market Status:**
- **Price:** **$0.4155**
- **24h Change:** **+35.70%** (Strong recent uptrend)
- **24h High:** **$0.4671**
- **24h Low:** **$0.3029**
- **MA(60):** **$0.4219** (Price is slightly below this level, indicating weakness)
- **EMA & MA(5,10):** Suggesting recent price volatility
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### **2. Trade Strategy & Signals**
#### **A. Long Position (Buy Trade)**
- **Entry:** **$0.4100 - $0.4155** (Current support zone)
- **Stop Loss (SL):** **$0.3950** (Below recent support)
- **Take Profit (TP):**
- **TP1:** $0.4350 (Resistance from recent price action)
- **TP2:** $0.4550 (Closer to the previous high at $0.4671)
- **Risk-Reward Ratio:** ~2:1 (Good trade setup)
- **Confirmation Signals:** Look for **bullish engulfing candle** or **RSI bounce from oversold**
#### **B. Short Position (Sell Trade)**
- **Entry:** **$0.4200 - $0.4250** (If price fails to break resistance)
- **Stop Loss (SL):** **$0.4350** (Above resistance)
- **Take Profit (TP):**
- **TP1:** $0.4050 (Previous minor support)
- **TP2:** $0.3850 (Stronger historical support)
- **Risk-Reward Ratio:** ~1.8:1 (Decent trade setup)
- **Confirmation Signals:** Look for **rejection at resistance** or **bearish divergence on RSI/MACD**
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### **3. Market Outlook & Risk Management**
- **Short-term trend:** Bearish (Price is below MA60)
- **Long-term trend:** Unclear (30-day performance is **-53.81%**, suggesting overall weakness)
- **Volume Analysis:** Increasing red candles suggest **selling pressure**
- **Key Risk:** If price drops below **$0.3950**, it could fall further
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### **Conclusion:**
- **Bullish Scenario:** If price stabilizes above **$0.4100**, potential upside toward **$0.4550**
- **Bearish Scenario:** If rejection happens near **$0.4200-0.4250**, a downside move toward **$0.3850** is likely #VVVonBinance $USUAL