$USUAL /USDT Technical Analysis 🚀

Current Price: $1.1927 (-8%)

USUAL/USDT is maintaining its position above the critical support level of $1.1800, showing a strong bullish trend. The price is nearing a key resistance at $1.2000, and a breakout could pave the way for further upward movement, with targets set at $1.2200 and beyond. While bullish momentum remains strong, confirmation of a breakout will be essential for the next upward move.

🔑 Key Levels to Monitor:

Support: $1.1800 (a breakdown could lead to a decline toward $1.1600).

Resistance: $1.2000 (a breakout may propel the price toward $1.2200–$1.2400).

📈 Trade Strategy:

Bullish Scenario: A confirmed breakout above $1.2000, supported by increased trading volume, could trigger a rally toward $1.2200 and potentially $1.2400.

Bearish Scenario: If the price fails to sustain above $1.1800, a pullback to $1.1600 may offer short-term selling opportunities.

🔍 Technical Indicators:

RSI: Bullish, reflecting strong buying pressure.

Volume: Critical for confirming a breakout above $1.2000 and sustaining upward momentum.

⚠️ Market Outlook:

USUAL/USDT is at a crucial point, testing the resistance level of $1.2000. A successful breakout could extend the bullish trend, targeting $1.2200 and $1.2400. Conversely, a drop below $1.1800 might result in a pullback to $1.1600. Keep a close eye on these levels for the next significant price movement!

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