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$USUAL /USDT Technical Analysis and Trade Signals


Current Price: $0.8037 (+26.61%)

24H Range: $0.6011 - $0.8279

Key Observations:

1. Price Momentum:

Strong bullish momentum with a 26.61% increase in the last 24 hours.

Price retraced slightly from the resistance level ($0.8279).

2. Volume:

Significant 24h volume ($155.74M in USUAL), indicating strong interest.

3. Indicators Analysis:

RSI: Near overbought levels (~70). May indicate short-term correction but still bullish.

Moving Averages (EMA):

20 EMA: $0.7200 (Support Level).

50 EMA: $0.6500 (Major Support).

4. Support & Resistance Levels:

Immediate Support: $0.7500

Key Support: $0.7200

Immediate Resistance: $0.8279

Key Resistance: $0.8700

Trade Plan:

Entry Points:

Buy on breakout: Above $0.8279 (Confirmed breakout with volume).

Buy on dip: Around $0.7500 or $0.7200 (Support levels).

Targets 🎯

1. Target 1: $0.8700 (Immediate resistance).

2. Target 2: $0.9200 (Next psychological level).

3. Target 3: $1.0000 (Key milestone).

Stop Loss:

Place stop loss below $0.7200 for safer risk management.

Trade Momentum:

Bullish Bias: Short- to mid-term uptrend with high momentum.

Monitor RSI and volume closely; overbought conditions may lead to a brief correction.
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