$USUAL Trade Signal
Entry: $1.22
Take Profit:
TP1: $1.35
TP2: $1.45
Stop Loss: $1.10
Reason for Potential Uptrend:
$USUAL is moving within a rising channel, indicating strong bullish momentum. The price has bounced off the lower boundary of the channel, suggesting further upward movement toward the next resistance levels of $1.35 and $1.45. Positive volume and market sentiment also support the uptrend.
Reason for Potential Downtrend:
A break below the $1.22 entry point or the lower channel boundary could signal a reversal, leading to a decline toward the $1.10 stop-loss level. Increased selling pressure may accelerate this move.