$USUAL is trading at $1.2028 after a strong bullish move, with the price approaching its 24-hour high of $1.2317. This indicates increased buying pressure, and a breakout above the high could confirm further upside momentum.
Trade Setup:
Long Setup:
Entry: Above $1.2400 (Breakout confirmation)
Stop Loss (SL): $1.1800
Take Profit 1 (TP1): $1.3000
Take Profit 2 (TP2): $1.3500
Short Setup:
Entry: Below $1.1800 (Breakdown confirmation)
Stop Loss (SL): $1.2200
Take Profit 1 (TP1): $1.1200
Take Profit 2 (TP2): $1.0700
Technical Outlook:
The recent rally suggests strong bullish momentum, but the price is testing a critical resistance zone. A breakout above $1.2400 could push the price toward $1.3000 or higher. However, failure to hold above $1.1800 may result in a pullback toward lower support levels.
Traders should wait for confirmation of the breakout or breakdown and ensure tight stop losses to protect against volatility.
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