$USUAL
Here is the updated analysis of the USUAL/USDT pair:
Technical Analysis used.
1. Exponential Moving Averages (EMA)
2. RSI (Relative Strength Index)
3. MACD
4. Volume
Technical Levels
Supports:
1. 1.2655 USDT (recent low): Crucial support. If broken, it could take the price to 1.25 USDT or even 1.20 USDT.
2. 1.25 USDT: Psychological support
Resistances:
1. 1.30 USDT: Immediate resistance (EMA 7 and 25 on 1h chart).
2. 1.32 USDT: Strongest resistance. The price will need to break this level to show recovery strength.
Possible Scenarios
Scenario 1: Partial Recovery (50% probability)
Scenario 2: Support Break and New Low (40% probability)
Scenario 3: Strong Reversal (10% probability)
Recommended Strategy
For those who want to buy:
1. Conservative entry: Near 1.2655 USDT (testing support).
2. Aggressive entry: After confirmed break of 1.30 USDT.
For those who want to sell:
1. Partial sale at 1.30-1.32 USDT (immediate resistance zone).
2. Full sale if the price does not sustain above 1.30 USDT.
For those who have a bot configured:
• Adjust the range: If possible, concentrate the grid between 1.25 to 1.35 USDT to capture movements in the most active price range.
💪🏻Summary: The momentum is bearish with possible support being established. Monitoring is necessary to observe a possible reversal in the short term.
🌸I believe in the long-term project and in the medium term I will ride the historic recovery of the market in January.