Want to position yourself on #Usual ? Watch this. #CryptoAnalysis #USUALBullRun #MarketPullback
This is going to be a very simple post :
1. Usual is going very high suddenly and short term retracement becomes increasingly likely.
2. The trend feels very bullish with a coin backed with very promising fundamentals (equity based stable coin business).
Now from a trading perspective watch the space happening over the last 3 days candles. It could be the formation of an imbalance in the range of 1.20 to 1.30 USDC.
A good entry zone for a bullish rebound.
Feeling on $USUAL :
- short terme : bearish (catching the imbalance)
- general outlook : bullish.
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