$USUAL USUAL/USDT Pair Analysis
1. Current Context:
- Current price: 1.0384 USDT 📉
- Change in the last 24h: -2.51% 🔻
- Maximum and minimum in the 24h: 1.1412 and 1.0238 USDT
- Volume in the last 24h:
- USUAL: 100.47M
- USDT: 108.63M
2. Technical Indicators:
- Bollinger Bands (20.2):
- Upper limit (UP): 1.2773
- Average (MB): 1.1299
- Lower limit (DN): 0.9825
- The current price is close to the lower band, suggesting a possible oversold zone ⚠️.
- Fibonacci:
- Main support and resistance levels:
- Support at 0.786 (1.0800 USDT)
- Resistance at 0.618 (1.1856 USDT)
- MACD:
- DIF: -0.0503
- DEA: -0.0422
- MACD: -0.0081
- Signaling a bearish trend, but without significant divergences 🔻.
- RSI (6, 14, 24):
- RSI (6): 28.4710 (oversold zone) ⚠️
- RSI (14): 36.7083
- RSI (24): 43.2490
3. Volume:
- The 4h volume was 3.09M, indicating a slight increase in liquidity 📊, but still without strength for a major upward movement.
4. Expected market behavior:
- Whales: They are likely to take advantage of the current price region to accumulate positions 🐋, especially near the 0.786 Fibonacci support. If the price drops further, they may make aggressive purchases to recover liquidity.
- Smaller traders: Many may sell for fear of further drops 😟, fueling volatility in the short term. - Market impact: If whales intervene, the price could return to the average of 1.1856 (0.618 Fibonacci). If the volume remains low, the pair could move sideways in the support range.