$USUAL Gaining Momentum in the Pre-Market!
Current Price: $0.2337 (+5.22%)
24H High: $0.2758
24H Low: $0.2205
Market Overview:
USUAL is showing positive momentum with a 5% gain in the pre-market. After reaching a peak of $0.2758, the price is consolidating near $0.23, forming a potential base for another move. The MA(7) at $0.2348 and MA(25) at $0.2385 are converging, indicating a potential breakout setup.
Key Levels to Watch:
• Resistance: $0.25 – Breaking above this could retest $0.2758.
• Support: $0.22 – Holding this level is critical for bullish continuation.
Insights:
The volume indicates growing market interest. A break above $0.25 with strong volume could ignite another rally, while a drop below $0.22 might lead to further retracement.
Trade Strategy:
• Bullish: Entry on breakout above $0.25, targeting $0.2758.
• Bearish: Watch for rejection at $0.25 to short towards $0.22.
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