๐ $USUAL /USDT Technical Analysis: A Deep Dive into the Numbers ๐ฏ
The USUAL/USDT pair is showing dynamic price action. Hereโs a detailed analysis to help you navigate the market:
Current Overview
Price: $1.1371 (-10.09%)
24h High: $1.6521
24h Low: $1.1343
Volume: 781.02M USUAL / 1.05B USDT
Key Support and Resistance Levels
Support Level: $1.1343 (24h Low)
Resistance Level 1: $1.25 (Short-term target)
Resistance Level 2: $1.40 (Mid-term target)
Resistance Level 3: $1.65 (24h High, Long-term target)
Targets ๐ฏ
1. $1.25
Expected to be the first breakout zone.
Crossing this level may signal a bullish short-term trend.
2. $1.40
The mid-term target if momentum sustains.
Strong resistance observed here in past trading sessions.
3. $1.65
Achieving this target will likely indicate a recovery of the previous peak.
Traders may consider booking partial profits here.
Indicators to Watch
RSI: Approaching oversold territory, suggesting potential reversal.
MACD: Bearish crossover but showing signs of weakening.
Volume Analysis: High trading activity indicates strong market interest.
Strategy for Traders:
Look for confirmation above $1.25 before entering long positions.
Set tight stop-loss below $1.12 to manage risk effectively.
Monitor overall market trends and BTC's movement for added clarity.