On December 7, $USUAL 1, wasn't there good news on Twitter? Why has it pulled back? Could it be waiting for the Americans' timing? Recently, the governance token of this stablecoin has truly been stable. It has been fluctuating between 0.94U and 1.03U, as if it were shackled.
The volatility of BTC seems to have little impact on it; technical analysis is just a joke in front of it. Similar coin ENA has a total issuance of 15 billion, with a circulation of 3 billion, and its price is already at 1.2U. However, $USUAL has a circulation of only 500 million, a total issuance of 4 billion, and its price can't even stabilize at 1U, which is indeed a bit awkward.