๐ $USUAL / USDT Market Update ๐
The current price of $USUAL against USDT is $1.1300, reflecting a significant -8.78% drop over the last 24 hours. Here's a quick breakdown:
๐น 24h High: $1.3191
๐น 24h Low: $0.9400
๐น 24h Volume (USUAL): 415.54M
๐น 24h Volume (USDT): 460.59M
The chart highlights a notable rebound from the $0.9777 support level, with the price peaking at $1.2160 before facing resistance and pulling back. The 7-day Moving Average (MA) of $1.1669 indicates short-term bearish momentum, while the longer 25-day MA and 99-day MA sit closer, showing potential consolidation.
๐ก Key Observations:
Bearish Pullback: Price retraced sharply after failing to sustain above $1.2160.Support Level: Closely monitor the $1.13 level, as a break below could signal further downside.Volume Insight: Strong trading volumes in both USUAL and USDT indicate high market activity.
๐ Traders should watch for key trendline breaks and moving average crossovers for signs of reversal or continuation. Always exercise proper risk management in these volatile markets.
