technical analysis and trade signal for $USUAL /USDT with three target levels and trade momentum:🔥🚀🚀🚀
Current Price: $0.8409 (+14.44% in 24 hours)
24H High: $0.8880
24H Low: $0.7007
Volume: 127.75M USUAL / 104.25M USDT
Time to Trading Open: 01 Hour 53 Min 17 Sec
Key Indicators:
RSI (14): 68.5 (Approaching overbought; potential for a pullback)
MACD: Bullish crossover seen; momentum to the upside
Support Levels:
$0.7007 (Recent Low) – Strong support, bounce expected here.
$0.7500 – Minor support; price could hold here for a short-term pullback.
Resistance Levels:
$0.8880 (24H High) – Primary resistance level.
$1.00 – Psychological resistance and a major target if momentum continues.
Trade Signal 📈
Entry: $0.8409 (Current Price)
Stop Loss: $0.7500 (Just below recent low for tight risk management)
Target Levels 🎯:
1. Target 1: $0.8880 – Short-term resistance and possible breakout point.
2. Target 2: $0.9500 – Medium-term target, aligns with prior resistance levels and momentum.
3. Target 3: $1.00 – Long-term goal, psychological resistance with significant upside potential.
Trade Momentum 🚀
Bullish Trend: With the MACD showing a bullish crossover and RSI indicating strong bullish momentum (yet nearing overbought territory), we expect USUAL/USDT to test higher levels.
Caution: Monitor price action near $0.8880 resistance. A breakout could see prices rally to $1.00, while a rejection could lead to a pullback.
Final Thoughts:
Watch closely as USUAL/USDT prepares for its trading session. Momentum is positive, but we advise being cautious near resistance zones. Target your entries carefully to maximize profit while minimizing risk.
Trade with confidence and keep an eye on volume spikes as they could signal a breakout or reversal!