Current Price Overview
Last Price: $0.9747
24h Price Change: +4.91% (previous price: $0.9291)
24h High: $0.9940
24h Low: $0.8904
24h Trading Volume: 64,258,772 USDT
Open Interest: 40,026,147 USDT
Funding Rate: 0.0001
Support and Resistance Levels
Resistance Price: $0.999
Support Price: $0.9091
Market Sentiment
Fear and Greed Index: 70 (Greed)
Technical Indicators
Bullish Indicators: None identified.
Bearish Indicators:
RSI: Currently indicating an overbought condition, suggesting a potential short-term price correction.
Whale Activity
Long Positions: 184,108
Short Positions: 74,175
Long/Short Ratio: 2.5 : 1
Conclusion
The price of $USUAL has shown a positive trend over the last 24 hours, with a significant increase of approximately 4.91%. However, the RSI indicates that the asset is currently overbought, which may lead to a price correction in the short term. The support level at $0.9091 and resistance at $0.999 will be crucial in determining the next price movements. The market sentiment is leaning towards greed, which often precedes corrections.
Recommendations
Investors should monitor the price closely, especially around the resistance level, and consider the overbought condition indicated by the RSI. A potential pullback could provide a buying opportunity if the price holds above the support level.
