$USUAL will increase or decrease in the next 24 hours?

Price prediction for the USUAL/UÚDT pair in the coming days:

1. Overall trend:

• After rising sharply to a peak of 1.6521 USD, the price has significantly decreased and is currently at 1.0455 USD. This indicates a downward trend after a period of excessive price increase.

2. Resistance and support:

• Resistance: The nearest resistance level is 1.1966 USD (EMA 7).

• Support: The nearest support is at 1.0303 USD, which is the lowest price in 24 hours.

3. EMA indicator:

• The price has crossed below EMA 7 (1.1717 USD) and EMA 25 (0.9171 USD), confirming a bearish signal.

• EMA 7 is sloping down, indicating that selling pressure is dominant.

4. RSI indicator:

• RSI(6) = 42.43: RSI is in the neutral zone, but close to the oversold level. This indicates that selling pressure is increasing, but has not yet reached the oversold state.

5. Trading volume:

• Trading volume has gradually decreased in recent sessions, indicating weakening from the buying side.

6. Conclusion:

• The current trend is bearish. If the price cannot hold the support level of 1.0303 USD, it may continue to decline further. A stop-loss should be set at this price level.

• In case the price rebounds, it needs to surpass the resistance level of 1.1717 USD (EMA 7) to confirm a recovery signal.

$USUAL