Analysis of the USUAL/USDT asset: $USUAL

Technical analysis:

  1. Chart:

    • On the hourly timeframe, a descending trend is visible, confirmed by moving averages. MA (7, 25, 99) are pointing downward.

    • The Ichimoku cloud indicates weakness in bulls — the price is below the cloud, confirming a bearish sentiment.

    • Bollinger shows a contraction in volatility. A breakout from the range is possible.

  2. Key levels:

    • Support zone: $0.2160 — $0.2321 (highlighted in purple).

    • Resistance: $0.2753 — $0.3078.

  3. Indicators:

    • SAR signals seller dominance (points above the candles).

    • The descending channel indicates a possible continuation of the decline in the absence of strong buying interest.

Fundamental analysis:

The USUAL asset may be a token with limited liquidity and low trading volume. Key factors for assessment:

  • Project goal: Ensure that the token has a clear mission, whether it be participation in DeFi, the metaverse, or GameFi.

  • Team: Check who is behind the project, their experience, and past achievements.

  • Tokenomics: It's important to study the distribution of tokens. If a large share is held by the team or investors, there is a significant risk of a coin dump.

  • News: The absence of positive announcements may increase pressure on the asset. It's worth checking the latest updates.

Recommendations:

  • Short-term strategy: If the price breaks below the support level of $0.2160, further decline is possible. A stop-loss should be set to minimize losses.

  • Long-term strategy: If the project has a strong fundamental basis, a downward correction may be an opportunity to buy.

Can you clarify the token's mission and its connection to the ecosystem? This will help provide a more accurate fundamental analysis.

#cryptousdua