$USUAL Graphical Analysis
1. Current Price (USUALUSDT): The price is at 1.2371, showing a drop of 0.81% in the analyzed period.
2. Technical Indicators:
Bollinger Bands (BOLL): The price is approaching the lower band, indicating that there may be greater selling pressure or the asset may be oversold.
Moving Averages (MA): The 5-period average (1.551507) is above the current price, which suggests a bearish trend in the short term.
MACD: Presents negative values (DIF: -0.0122 and DEA: -0.0118), signaling a possible continuation of the downward trend.
RSI (6 periods): The value of 37.2211 suggests that the asset is close to the oversold region (below 30), but not yet completely oversold.
3. Volume: Volume appears to be stable, with no major increases that could indicate an immediate reversal.
4. Order Book: The ratio of 54.26% buyers to 45.74% sellers is relatively balanced, but slightly more bullish.
Interpretation:
The asset is showing weakness in the short term, with a possible continuation of the decline.
The RSI suggests that the price may approach a support or accumulation zone before a possible reversal.
It is prudent to observe nearby support zones, such as 1.2242, and the behavior of volume and indicators such as MACD for confirmation of a reversal or continuation of the trend.