Firstly, I would like to say that the analysis is for reference only with neutral observation. I do not buy, do not hold, and have no intention of buying this token in the future, so I have no intention of fud or shilling anything.

From a technical perspective on the daily frame, there has been relatively sustainable upward momentum throughout the pre-market period, and there were 2 breakout days with a god candle on December 19, when spot trading began. When the price hit 1.65, it retraced due to decreasing demand, increasing supply, and additionally the BTC adjustment.

If following technical analysis, indicators like RSI, MACD on smaller time frames (4H), the price tends to create peaks and reverse. The trading volume since the listing to now remains very high and shows no signs of decreasing, meaning it has not entered the accumulation zone of whales (you can learn more about trading by volume to understand better).

From these parameters, I see that USUAL must undergo a correction within the next week. And the current price is not safe for entry, it should be emphasized that I am only stating that it is not a buying point; if you have a good position, you can hold according to your confidence in the project and target.

Another issue is that I see USUAL shares many similarities with BB in terms of project characteristics and price trajectory (since BB was listed and USUAL began spot trading).

BB is one of the first projects (the second project if I remember correctly) listed by Binance in the Megadrop format. With the first Megadrop project being rather unremarkable, at that time the price was continuously pushed high to create a FOMO effect, attracting users more to Megadrop, from a price of about 0.23, just SW accumulated for a few days then soared to 0.87 while the market was very dismal (if it was as good as it is now, the push would certainly be much higher).

After the initial period, BB was pushed down to a bottom of 0.2x and sw to about 0.4 at the present time.

The USUAL project is the second project (if I remember correctly) to be listed in the pre-market, after SCR. And the SCR project has not been remarkable since its listing.

USUAL has surged from about 0.2 to 1.6 in the past few days and has entered a retracement phase. Due to the similarities, I believe that the exchange is pushing the price of USUAL to attract attention for the initial pre-market phase, then entering a long accumulation period at a lower price range is justified.

Some other factors to consider are that the USUAL project raised about 7 million USD, and currently, the market capitalization is over 600 million USD, with fully diluted market capitalization of 5.2 billion USD. The fund's acquisition price for USUAL in the Seed Round was about 0.01875. You can completely compare it with some projects in the same stablecoin platform sector for reference. As for me, with this level of market capitalization, I will not invest, simply because I invest in a safe manner; if you have bought, don’t say I’m fudding the project.

Moreover, I tend to avoid projects with token unlock charts like USUAL due to relatively high token inflation. And since funds investing in USUAL will not receive tokens until the end of 2025, I am quite certain that the recent price push was not due to whales but largely from the exchange and FOMO forces. With tokens being paid out only at the end of 2025, what’s the point of pushing the price now, just wasting money for players.

But after taking a look around Square, I see that USUAL has been and is very successful in attracting new investors. The reason is that I see discussions about USUAL everywhere. I know they are new investors because the Square was just established, but there are daily posts about USUAL, sometimes several times a day 😊) Old investors usually do not focus too much on one token but invest in a balanced way, and they often do not want others to know which token they are holding.

Nothing can increase forever and nothing can decrease forever. You cannot beat the market, try to analyze the signals and go with the market.