$USUAL At first glance at the chart and price action of the USUAL/USDT pair, I notice the following:
1. Strong price rise:
• Current price at 1.1192 with a 33.10% increase in the last 24 hours.
• Rise from much lower levels (such as 0.5284 and 0.8927) to peak at 1.2073.
2. Liquidity and volume:
• Volume is clearly high, indicating strong entry from buyers (increased demand).
• Liquidity indicator is bullish, with 91.57% selling versus 8.43% buying, meaning there is selling pressure at highs.
3. Movement pattern:
• We saw a quick jump followed by a slight correction on the chart, but the overall movement shows an upward trend.
• Continued buying or breaking 1.2073 levels could push the price to new levels.
• While breaking the support around 1.1192 - 0.8927 may change the direction of the movement to a downside.
My analytical opinion:
• If you have a current long position, it may be appropriate to consider partial profit taking near resistance levels (such as 1.2073).
• If you plan to buy now, wait for a retest of the most important support levels around 1.0 - 0.9, because the price may undergo a natural correction after such a strong rise.
• Risk management is very important here; the movement is clearly fast and may change as sellers enter. Placing a stop loss is essential to avoid quick reversals.