$USUAL USDT Verge For Breakout The resistance Breakout will trigger Upward levels🚨👀!
$USUAL is trading at $1.3845, showing a slight retracement after testing the resistance near $1.40. 📈📉 The price action suggests a consolidation phase within a tight range, hinting at an upcoming breakout. 🧐
Key Levels:
* Resistance: $1.40 (yellow zone on the chart) 🔴
* Support: $1.35 (recent swing low) 🟢
Trade Setup:
* Long Entry:
* Wait for a breakout above $1.40 with strong volume. 🚀
* Target 1: $1.42 🎯
* Target 2: $1.50 🎯🎯
* Stop Loss: Below $1.38 ❌
* Short Entry:
* A rejection near $1.40 followed by bearish momentum. 🔻
* Target 1: $1.38 🎯
* Target 2: $1.30 🎯🎯
* Stop Loss: Above $1.43 ❌
Market Outlook:
The market is primed for a significant move. 💥 A breakout above $1.40 could trigger a bullish rally, fueled by sustained demand. 🐂 However, failure to clear this resistance might lead to a pullback towards the $1.35 zone. 🐻 Traders should watch for confirmation signals before entering trades and manage risk effectively. ⚠️
Action Plan:
* Bulls: Focus on a breakout above $1.40 for continuation. 🚀
* Bears: Look for rejection candles to initiate shorts near resistance. 🔻
* Stay cautious of fakeouts given the current consolidation. 🧐