Target Achieved! š
Trading Pair: $USUAL /USDT
Current Price: $1.2603 (-7.99%)
USUAL has been experiencing significant volatility, with the price trending downward after testing key levels. Here's a breakdown of current price action and potential targets:
Key Levels:
1. Target 1 (Achieved): $1.3000
Key support level broken, leading to further downside pressure.
2. Target 2 (Next Down): $1.2136
24-hour low and a strong support level to monitor.
3. Target 3 (Final Support): $1.2000
Psychological support zone; failure to hold could lead to further declines.
Action Plan:
Short-Term Traders: Watch for a bounce near $1.2136 for potential recovery trades.
Long-Term Investors: Monitor price action for stabilization near $1.2000 before making new entries.
Technical Indicators:
Resistance Zone: $1.3000-$1.3500
Support Zone: $1.2136-$1.2000
USUAL is under bearish pressure but may see a relief rally if it holds support at $1.2136. A break below $1.2000 could signal continued weakness.
