๐จ $USUAL Ready for Breakout as Price Holds $1.0789 โ Momentum Builds!
$USUAL is currently trading at $1.0789 on the 15-minute chart, maintaining steady support above $1.0471 while eyeing a critical resistance zone at $1.0840. The price shows increasing resilience, rejecting lower levels despite recent pullbacks. The RSI hovers at 49.29, indicating a neutral stance with room for upward movement if buying pressure increases. Meanwhile, MACD remains slightly bearish, but a crossover could confirm bullish momentum.
This consolidation phase offers a key entry point for traders, as the price prepares for a decisive move. Holding support near $1.0650 is crucial to maintain upward momentum. If resistance is breached, expect a potential breakout to attract buyers, driving further upward pressure. However, a failure to hold above support may lead to a retest of lower levels, making stop-loss management essential for risk protection.