December 20, 2024
USUAL/USDT Technical Analysis
Current Price: 1.2352 USDT
24h Change: +10.83%
24h High: 1.2980 USDT
24h Low: 0.9111 USDT
Support Levels:
1. 0.9373 USDT (Key support level near recent low)
2. 1.0800 USDT (Short-term support for potential consolidation)
Resistance Levels:
1. 1.2980 USDT (Recent high, significant resistance level)
2. 1.2700 USDT (Psychological resistance level)
Market Sentiment:
• USUAL/USDT has seen a notable +10.83% increase in the past 24 hours, with the price currently trading at 1.2352 USDT.
• The recent price surge has brought the asset closer to the upper resistance zone around 1.2980 USDT.
• A breakout above this level could push the price higher, while a failure to break through might result in a pullback toward the support areas.
Potential Price Action:
• Bullish Scenario: If the price breaks above 1.2700 USDT, it could test the 1.2980 USDT resistance. A decisive close above 1.2980 USDT could trigger further upward momentum.
• Bearish Scenario: A drop below 1.0800 USDT or 0.9373 USDT could signal a possible retest of lower support levels.