📉 $USUAL /USDT – Rebound Opportunity Amidst Correction!
Current Price: $1.1540 (-14.72%)
24H High: $1.4712 | 24H Low: $1.1160
24H Volume: 341.48M $USUAL
$USUAL /USDT is experiencing a significant pullback, creating potential for a rebound from oversold conditions. With increased volume, traders should watch for key support levels to identify opportunities for a reversal.
🎯 Target 1: $1.20 – Immediate Resistance
🎯 Target 2: $1.25 – Breakout Zone
🎯 Target 3: $1.35 – Strong Resistance Level
📊 Key Insights:
Volume Surge: A spike in trading volume hints at buyer interest near the $1.11-$1.15 support range.
Potential Reversal: The price shows early signs of recovery, supported by bullish candles on lower timeframes.
Technical Indicators: Watch for confirmation signals such as a bullish crossover or support hold above $1.15.
⚡ Trading Strategy:
Entry Point: Consider entry around $1.15-$1.12 for an optimal risk-reward ratio.
Stop-Loss: Place a stop-loss below $1.10 to limit downside risk.
Profit Booking: Target partial exits at $1.20 and $1.25 while holding for $1.35 if momentum sustains.
USUAL presents a calculated opportunity for those ready to act on technical confirmations. Stay vigilant and trade responsibly.