$USUAL Price Analysis: Steep Decline Continues.. Almost 11% decrease .. I informed you All Guys Timely ...
USUAL is trading at $1.1258, down by 11.00% over the past 24 hours. The price has sharply declined from a high of $1.6521 to a low of $1.1248, reflecting strong bearish sentiment.
Key Levels to Watch:
Support: $1.1200 – A breach below this level could push $USUAL toward $1.0500.
Resistance: $1.2900 – Bulls need to reclaim this zone to initiate any recovery.
Trade Setup:
Entry Point: Around $1.1260 for cautious short-term trades.
Targets:
1. $1.2900 (short-term recovery)
2. $1.4800 (key resistance zone)
Risk Management:
Stop-loss: $1.1000 to limit potential losses.
Market Insight:
The ongoing sell-off highlights dominant bearish control. Watch for a possible bounce at $1.1200, but wait for volume confirmation before entering any trades. Patience is key in such volatile conditions.