Continue to watch $USUAL
Recommendation:
Watch the 0.7500 level. If the breakout occurs on high volumes, this may be a confirmation of growth.
If the price holds above 0.6872, the entry may be justified, but with risk control!
Key observations
Indicators:
RSI: around 50, which indicates a neutral market condition. The price is not overbought or oversold.
MACD:The histogram is close to zero, the signal lines intersect nearby, which indicates uncertainty, but a possible quick move.
MA: short-term and long-term averages are close to each other, which indicates consolidation.
Growth outlook:
Bullish potential:
The price holds above the key level of 0.6872, which may become support.
If the price breaks the maximum of 0.7500, an acceleration of growth is likely.
High interest is confirmed by volumes.
Risks:
If the price falls below 0.6872, a test of the 0.6500 level is possible.
MACD does not yet give a clear signal for a strong movement.