$USUAL /USDT Technical Analysis & Trade Signal
Current Market Status
Price: $0.9994
Trend: Bullish (Price up by +6.81% in the last 24 hours)
Support Levels: $0.9056 (24h Low)
Resistance Levels: $1.0712 (24h High)
Technical Indicators
1. Moving Averages (MA):
Short-term MA indicates bullish momentum as the price is trading above key MAs (15 EMA, 50 EMA).
2. Relative Strength Index (RSI):
RSI is around 65, signaling bullish momentum but close to overbought levels.
3. Volume Analysis:
High trading volume (136.46M) confirms strong buyer interest.
4. MACD:
Bullish crossover observed, suggesting continuation of upward momentum.
Trade Signal
Trade Setup: Long (Buy)
Entry Zone: $0.9900 ā $1.0000
Target Levels šÆ
1. Target 1: $1.0500 (Short-term resistance)
2. Target 2: $1.1000 (Psychological resistance)
3. Target 3: $1.1500 (Extended resistance, if momentum sustains)
Stop-Loss: $0.9500 (Below key support)
Trade Momentum
Short-term: Bullish (Strong buying interest)
Mid-term: Bullish, with potential consolidation near $1.0500
Long-term: Neutral, depends on breaking above $1.1000
Risk Management: Trade cautiously as RSI nears overbought conditions. Adjust stop-loss and targets based on price action near resistance levels.