$USUAL
/USDT Market Update & Trade Setup 🔥💯
📊 Current Price: $1.4328 (+20.36%)
The chart is showing an ascending channel pattern, indicating bullish momentum with healthy corrections. The price is trading above the middle support line of the channel, indicating continued strength.
📈 Long Trading Opportunity:
• Entry: $1.4500 (Break above major resistance)
• Target 1: $1.6500
• Target 2: $1.8000
• Stop Loss: $1.3500
📉 Short Trading Opportunity:
• Entry: $1.4000 (Break below lower channel trendline)
• Target 1: $1.3000
• Target 2: $1.1000
• Stop Loss: $1.5000
🔮 Market Overview:
• A break above $1.4500 could accelerate momentum towards the upper channel boundary at $1.6500.
• Failure to hold $1.4000 could lead to a correction to $1.3000 or lower, which would be in line with the lower trendline.
• Strategy: Lock in profits at each target, and follow stops to protect gains