$USUAL USUAL/USDT Analysis
- Context and Indicators
The USUAL/USDT currency is trading at 1.2732, down 4.47% in the last 24 hours. After reaching local highs, the price is facing resistance in the 1.3332 region (Fibonacci 61.8%), reflecting a period of consolidation.
RSI: The index at 46 in the period of 6 and 49 in the period of 14 indicates neutrality, with a slight downward trend.
MACD: Negative histogram and recent crossing of lines, suggesting loss of buying strength.
Bollinger Bands: The price is approaching the lower moving average (1.2415), indicating selling pressure.
Volume: The reduction in volume in the last few hours suggests a slowdown in market activity.
- Possible Accumulation Phase
As stated in the post pinned to my profile, there is a potential accumulation phase in the support region near 1.1216 (Fibonacci 23.6%). A breakout of this area could indicate new lows, while a recovery in buying volume could support a test of the resistance at 1.3332.
- Projection
Resistance: 1.3332 (61.8%) and 1.3935 (78.6%).
Support: 1.2415 (Bollinger average) and 1.1216 (Fibonacci 23.6%).
The scenario requires caution. An increase in volume and buying strength will be necessary to validate a consistent upward movement.