technical indicators to understand what lies ahead for $USUAL .
Market Insights
Current Price: $1.0995
24H Change: +3.14%
Market Cap: $532.71M
24H Volume: $253.89M (47.66% of Market Cap)
Circulating Supply: 484.52M out of a 4B max supply
With a fully diluted market cap of $4.4B, $USUAL retains significant growth potential.
Technical Analysis
1. Moving Averages (MA)
The 7-day MA ($1.225) indicates short-term bearish momentum.
The 25-day MA ($0.9172) serves as a strong support level, hinting at a mid-term bullish outlook.
The convergence of these MAs suggests a consolidation phase with long-term positive potential.
2. Volume Trends
A robust 24-hour trading volume of $253.89M underscores sustained market interest.
A volume-to-market cap (Vol/MC) ratio of 47.66% highlights strong liquidity and investor participation.
3. Recent Price Action
After peaking at $1.6356, USUAL corrected sharply, finding support at $1.03.
It now stabilizes near $1.10, just below the $1.14 resistance level.
Why the Dip?
The price correction can be attributed to:
Profit-taking by early investors.
A cooldown after a parabolic rally.
Broader market consolidation impacting altcoins.
Whatโs Next for UsualCoin?
Breaking Resistance: A move above $1.14 could lead to testing the $1.20-$1.25 range.
Support Levels: Holding above $1.03 is critical for sustaining investor confidence and avoiding further corrections.
Conclusion
UsualCoin is in a pivotal phase, consolidating after an explosive rally. With strong liquidity, active trading, and a promising long-term outlook, $USUAL remains a coin to watch. A break above $1.14 could signal the start of its next bullish leg.
Keep an eye on USUAL as it navigates its next steps in the market.
