#比特币市场波动观察
$USUAL Surge Imminent? My Exclusive Analysis Revealed!
After looking at USUAL's 1-day candlestick chart, I noticed it had a clear parabolic rise previously, peaking at 1.6521, before quickly retracing. What caught my attention is that a bullish hammer line formed near the support level of $1.00, indicating that quite a few buyers are actively buying at this price level. The recent candlestick lines also show an inside bar pattern, suggesting that the market is still hesitant, but a breakout may come soon.
I think the $1.00 position is a key psychological and technical support level. If it can hold, there is a possibility of further upward movement. Looking upward, the resistance level at 1.2160 is very important; once broken, it could test the range of 1.30−1.65 again.
I also checked the indicators to confirm my views:
The 7-day moving average is slightly above the current price, indicating short-term selling pressure, but the current price is still above the 25-day moving average at $0.6959, which shows that the overall trend is still quite strong.
The MACD may produce a golden cross as the histogram is flattening, and the DIF is still above the DEA.
The RSI is currently at 52.83, in a neutral position, which means there is still a lot of room for price increases without immediately entering the overbought zone.
I believe the recent pullback may be forming a flag pattern, which usually indicates a brief consolidation before the trend continues. If the trading volume increases and it breaks the resistance level at 1.2160, I think the price could rise to 1.30, and it might even retest the historical high of $1.65.
However, if the support level at $1.00 cannot hold, I expect a deeper retracement, possibly falling to $0.85-$0.90, where the next strong support level lies. Right now, I am closely watching to see if buyers can regain control and push the price higher.
This is just my personal analysis and interpretation of the chart. Everyone should do their own research and be cautious when trading!
For the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential, where a 10x return is not out of the question. If you want to make big money in a bull market, like and comment, and I will take you along to layout the entire bull market!
