$USUAL /USDT ALERT: Is This a Correction or a Reversal?

BTC
Created with Highcharts 9.1.1
0.2521
+11.84%

$USUAL /USDT is currently trading at $0.4055, dropping by 9.39% in the last 24 hours. With a 24-hour high of $0.4671 and a low of $0.3774, the pair is showing signs of consolidation after a significant sell-off.

Key Levels to Watch:

Resistance: $0.4300 – A break above this level could target $0.4500 and $0.4700.

Support: $0.3900 – Failure to hold this level may lead to a retest of $0.3700 and $0.3500.

Trade Setup:

Bullish Scenario:

Entry: Above $0.4300.

Targets: $0.4500, $0.4700.

Stop Loss: $0.4100.

Bearish Scenario:

Entry: Below $0.3900.

Targets: $0.3700, $0.3500.

Stop Loss: $0.4000.

Technical Indicators:

RSI: 44.38 – Currently neutral, suggesting limited momentum in either direction.

MACD: Bearish crossover, indicating potential downside pressure.

Market Insight:

USUAL/USDT is experiencing decreased momentum, with a trading volume of $396.38M. The RSI indicates room for further movement, but the bearish MACD calls for caution. Traders should monitor price action closely at these critical levels to gauge the next trend.

Stay vigilant—this is a pivotal moment for USUAL/USDT!

#usual