$USUAL Creating a new base for future highs:
Current price $1.3668 is fluctuating within the Bollinger Bands with a balance between buying and selling forces.
The lowest price zone in the last 24 hours is $1.2248, indicating a strong support zone here. If the price stays above this level and fluctuates near the MA (20) or MA (10), the possibility of creating a solid base for further recovery will be higher.
Upward trend in the future:
The price has bounced back from the 24-hour low and is currently in a consolidation phase near $1.3668.
The Bollinger Bands indicator is narrowing, which usually signals the possibility of a strong move in the future.
Volume (VOL) shows strong investor participation, supporting the bullish outlook if buying volume remains high.
Levels to watch:
Nearby resistance: $1.4471 (24-hour high). If broken, the uptrend could take the price towards the next strong resistance zone.
Key support: $1.2248. If the price breaks below this level, the downside risk increases.
Conclusion:
The future bullish trend depends on the price breaking above the $1.4471 resistance and strong volume to maintain momentum. It is advisable to monitor other indicators such as RSI or MACD for trend confirmation.
#USUAL_USDT#BollingerBands