Technical Analysis: $USUAL 💯💯💯
/USDT – Bullish Momentum Continues
The USUAL/USDT pair has seen significant upward movement recently, with the price rising to $1.13, marking a +34.43% increase. Let's take a closer look at key levels to watch for potential entry points and targets:
Key Levels to Watch 🎯:
1. $1.20 (Target 1)
The first major resistance level is at $1.20. This level has acted as a psychological barrier, and a successful breakout could lead to further bullish momentum. Watch for a clear break and close above this level for confirmation of continued strength.
2. $1.30 (Target 2)
A strong continuation above $1.20 could push the price to $1.30. This target aligns with previous price action, and a retest of this level may provide new opportunities for profit-taking or long positions.
3. $1.50 (Target 3)
If the momentum remains strong, $1.50 could be the next level to target. This represents a significant upside potential and could be reached if the broader market sentiment remains bullish.
Support Levels:
The immediate support is around $1.00, with a more substantial support zone around $0.85.
Market Sentiment:
The current bullish momentum, coupled with increasing trading volumes, suggests that the market is favoring the long side. However, traders should remain cautious and watch for any signs of a reversal near resistance levels.
Stay tuned for more updates and trade wisely!
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