$USUAL Analysis of current orders and USUAL/USDT price:
1. Order status:
Entry price: 1.1647 USDT.
Current price: 1.1673 USDT, ROI +2.22%.
TP: 1.1880 USDT, SL: 1.1590 USDT.
2. Chart observation (1 minute frame):
The price just peaked at 1.1770 USDT but was rejected, selling pressure appeared.
The Bollinger Bands are narrowing, indicating a decrease in the price fluctuation amplitude, a possible short-term correction.
The Bollinger Moving Average (MB) at 1.1691 USDT is currently acting as a slight resistance level.
The trading volume is decreasing, buying pressure is weakening.
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Forecast and Strategy:
Short-term trend:
If the price continues to fail to break above 1.1700 - 1.1720, the price is likely to retest the support zone at 1.1650 or even 1.1600.
However, if it breaks above 1.1700 with high volume, it could continue to test TP 1.1880.
Action:
If the price continues to rise: It is necessary to monitor the price action at 1.1700 - 1.1720. If it breaks this zone, hold the order and wait for profit at 1.1880.
If the price corrects: It is likely that the price will retest the 1.1620 - 1.1600 zone before bouncing back.
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Recommendation: Closely monitor the 1.1700 - 1.1720 zone and trading volume. If the signal is weak, consider moving SL closer (eg 1.1615) to reduce risk.