šØ $USUAL /USDT ALERT: STRONG PULLBACK OR A NEW RALLY? šØ
USUAL/USDT has witnessed a significant drop to $1.0464, losing 17.61% over the past 4 hours. After peaking at $1.6521 and pulling back sharply, the coin is now testing crucial support levels. This setup could indicate either a rebound or further downside.
Key Levels to Watch:
Support: $0.9400 ā A break below this level could trigger further bearish momentum.
Resistance Targets:
1. $1.32 ā A short-term recovery level.
2. $1.40 ā Mid-level resistance critical for reclaiming bullish momentum.
3. $1.65 ā The ultimate barrier for a strong breakout.
Trade Setup:
Long Entry: Look for a breakout above $1.10 with targets of $1.32, $1.40, and $1.65.
Short Entry: If the price breaks below $0.94, watch for potential declines toward $0.85 or lower.
Stop-loss: $1.00 for long trades to manage risk.
Pro Tip:
Wait for confirmation of momentum before entering positions. USUAL/USDT is at a crucial turning point, and a breakout above resistance or breakdown below support could define the next trend.
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