$USUAL /USDT Analysis: Retracement After Sharp Spike
$USUAL is trading at $0.3309, showing a pullback of 4.78% from its recent high of $0.3800. The price saw a sharp rise earlier, followed by profit-taking.
Key Levels to Watch:
Resistance: $0.3500 – Breaking above this level could reignite bullish momentum toward $0.3800.
Support: $0.3200 – Holding above this level is critical to avoid further declines toward $0.3100.
Trade Setup:
Long Entry: Above $0.3350, targeting $0.3500 and $0.3700.
Short Entry: Below $0.3200, with targets at $0.3100 and $0.3000.
Technical Indicators:
RSI at 50.06 shows neutral momentum, suggesting the market could swing either way.
MACD turning positive indicates potential recovery, but caution is advised.
Volume Spike: Increased volume indicates active participation, but a bearish close suggests selling pressure.
Strategy Note:
Monitor price action near $0.3200 support for potential rebounds. If the price breaks resistance at $0.3500, expect bullish continuation. Tight stop-losses are recommended due to increased volatility.
