๐จ $USUAL /USDT TRADE ALERT: A Decisive Move on the Horizon! ๐จ
USUAL/USDT has shown significant volatility over the last few trading sessions, surging to a high of $0.7096 before pulling back to its current level at $0.6758. The 4-hour chart reflects strong momentum and a clear consolidation phase, signaling an impending breakout or breakdown. Letโs dive into the actionable trade setups:
Key Levels to Watch:
Resistance Zone: $0.7100 โ A breakout above this level could ignite a bullish rally.
Support Zone: $0.6500 โ Critical for bulls to maintain upward momentum.
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๐ Long Trade Setup:
Entry: $0.6780 (Upon confirmation of bullish momentum above $0.6750)
Targets:
1. $0.7200
2. $0.7500
Stop Loss: $0.6500 (To mitigate downside risk)
Rationale: A breakout above $0.7100 could push prices toward $0.7500, supported by increasing trading volume. Bulls need to hold the $0.6750 zone for sustained upward movement.
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๐ Short Trade Setup:
Entry: $0.6650 (If price breaks below $0.6700)
Targets:
1. $0.6400
2. $0.6000
Stop Loss: $0.7000
Rationale: A failure to hold the $0.6500 support level may trigger panic selling, with the next potential support around $0.6000. Volume indicators suggest a possible retest of lower levels if bullish momentum falters.
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Market Predictions:
Bullish Case: If the price breaks and sustains above $0.7100, USUAL/USDT is likely to rally toward $0.7500 or beyond, as the market sentiment turns strongly positive.
Bearish Case: A breach below $0.6500 could lead to a steep drop, testing $0.6000 or even lower, as selling pressure intensifies.
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โ ๏ธ Pro Tips for Traders:
Risk Management: Always use tight stop losses to protect capital.
Monitoring Levels: Watch for high volume around the resistance and support levels to confirm the breakout or breakdown.
Stay vigilant, as USUAL/USDT appears primed for its next major move!
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