๐ Technical Analysis: $USUAL /USDT Market Update
๐ USUAL/USDT continues its bullish momentum with a +29.15% gain, currently trading at $1.3691. Here's the latest market insight for short-term traders:
Market Data
24h High: $1.3887
24h Low: $0.9111
24h Volume (USUAL): 662.05M
24h Volume (USDT): 775.40M
Depth Resistance: $1.4351
Key Indicators
MACD: Bullish, indicating upward momentum.
RSI: Approaching overbought territory, suggesting caution for new entries.
EMA: Price consistently holding above the 20 EMA, confirming strong uptrend.
BOLL Bands: Price nearing the upper band, indicating potential resistance or breakout.
๐ฏ Trade Setup:
Short-term traders can monitor these price targets:
1. Target 1: $1.40 (Immediate resistance)
2. Target 2: $1.45 (Depth resistance)
3. Target 3: $1.50 (Psychological level and potential breakout zone)
๐ Stop Loss: $1.25 (Below key support to minimize risk).
๐ก Strategy:
If the price consolidates above $1.35, consider riding the momentum toward higher targets.
Monitor RSI closelyโif it crosses into overbought levels, expect a potential pullback.
๐ Disclaimer: Volatility remains high. Trade responsibly and stick to your risk management plan.
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