#usual WARNING TO DROWNING SARDINES!
Looking at this chart of USUAL/USDT, we see that the price is in an interesting recovery after hitting 1,155. It seems like the bulls are showing their faces again, right?
The 50 moving average is above the 200, which in many cases signals an uptrend, but the proximity between them suggests caution. It is not possible to say that the market is super optimistic, but the possibility of continuation of the upward movement exists.
The MACD is starting to show a positive turn, with the lines crossing upwards. This is usually a good entry signal for those who want to catch the beginning of a possible rise.
The RSI is rising, but it has not yet reached the overbought zone, so there is room for more appreciation before the market starts to get saturated.
The volume had a nice peak, which indicates that this movement has more solid support. This is always a good sign that the rally could continue.
If I were to make a guess, I would say that if the price breaks the resistance near 1,214, it could start a stronger rally. But, as always, it is good to keep an eye on the signs and maintain risk management. The crypto market loves to surprise!