After an impressive 2,250.04% rally that took USUAL to $0.2938, the cryptocurrency suffered a rapid -30.16% drop, settling at $0.2445.
This correction, triggered by profit-taking by early investors, a market correction and overbought conditions, has created uncertainty.
There are reasons for optimism, however. Technical momentum and the RSI and MACD indicators suggest renewed buying interest, while support levels at $0.22 and $0.20 provide a solid foundation for a bounce. A 23% increase in trading activity highlights the growing interest, supported by an enthusiastic community and expanding use cases.
In the short term, a rally to $0.35 is possible, a 43% increase from the current level, and in the medium term, USUAL could reach $0.5524 -$0.7245, a growth of 126%. The recovery could develop in the next 2-3 weeks.
Long-term holders should accumulate and hold positions, while active traders should watch for breakout signs.
It is crucial to set stop-loss levels and diversify the portfolio. With 62% of investors believing in the recovery of USUAL and RSI at 55, this drop could represent a strategic opportunity. Both technical and fundamental analysis point to a potential rally to $0.5524, although careful risk management is required due to the volatility of cryptocurrencies.
