$USUAL
Technical Analysis:
#USUAL is currently facing downward pressure, with long liquidations occurring at $1.13777. The price is testing key support around $1.1200 to $1.1300, a level where buyers could step in to halt the decline. If this support fails, further downside could push the price toward $1.1000. On the upside, resistance is seen at $1.1500 and $1.1600, which could cap any upward movement in the short term.
For traders:
Range Trading: Consider shorting near $1.1500 with a stop-loss above $1.1600, targeting support at $1.1200.
Breakout Trading: A sustained move above $1.1600 could signal bullish potential, with a target around $1.1700.
If the support at $1.1200 breaks, expect further declines toward $1.1000. Keep an eye on key levels as market volatility could drive swift price movements.
