$USUAL
The asset appears to have finally completed its downward correction. The currency experienced a decline for two days following the announcement by @Binance News that the Token would be temporarily suspended from the pre-market and officially launched on the spot market. This initially raised doubts and uncertainties among traders about the asset's future outlook. However, it turned out to be a misunderstanding, as participants had misinterpreted the suspension of the asset from the pre-market.
Since its launch, the asset has achieved a 142.34% increase over 27 days at its peak, with a minor 17.37% dip during the recent two-day correction. When excluding the 50.25% correction it has faced since its launch, the asset still shows a strong 92.02% increase.
We observed that the asset breached the 7-day Exponential Moving Average but did not close below it, indicating strength in the resumption of the upward trend and signaling the end of the correction phase.
The asset's capitalization and free float data provide distinct weights to the token's composition, allowing the weighted average to track a higher proportion of cash inflow versus outflow. The EMA doesn't discard older data when new information comes in, keeping a portion of the previous data, which enhances our ability to track the price trend accurately in relation to the inflow and outflow of cash, based on recent highs and lows.
$USUAL has proven itself as a promising project so far.
