Technical Analysis and Trade Signals for $USUAL
/USDT
1. Current Price: $0.8750
Price has surged 28.92% within 24 hours, indicating strong bullish momentum.
2. Trend: Bullish
Breakout above the $0.8750 resistance suggests further upside potential.
3. Trade Signals:
Entry Point: $0.8500–$0.8750 (on slight pullbacks for better risk-reward).
4. Targets:
🎯 Target 1: $0.9024 (recent high resistance).
🎯 Target 2: $0.9500 (psychological resistance).
🎯 Target 3: $1.0000 (key breakout zone).
5. Stop-Loss:
Set at $0.8000 (below key support to minimize risk).
6. Momentum Indicators:
RSI: Overbought zone (>70), suggesting strong momentum but possible short-term retracement
MACD: Bullish crossover confirms positive momentum
Volume: High trading volume supports upward movement.
7. Trade Momentum
Short-term: High volatility—scalping opportunities.
Mid-term: Bullish bias as long as price stays above $0.8500 support.
Always monitor key support/resistance levels and manage risk effectively.
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