"🚀 USUAL/USDT Analysis and Market Insights 🚀
---$USUAL
Market Performance:
USUAL/USDT has shown impressive upward momentum, currently trading at $1.326 (+24.46%) on the 5-minute chart. The price has broken above several key levels, indicating heightened market interest and volatility.
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Key Technical Levels:
1️⃣ Resistance Levels:
$1.432: This is a key short-term resistance level. A breakout above this could push the price toward the psychological level of $1.50.
2️⃣ Support Levels:
$1.10: Acts as a critical support zone.
$0.993: This lower support aligns with previous demand and could be tested in case of a reversal.
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Chart Analysis:
🔹 The price had been climbing steadily along an ascending trendline, which has now been breached.
🔹 The red zones on the chart highlight key supply/demand areas, where market participants may take action.
🔹 A symmetrical triangle pattern formed, but a downward breakout suggests a shift in short-term sentiment.
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Potential Scenarios to Watch:
📈 Bullish Scenario:
If the price reclaims the $1.356 level and breaks above $1.432, it could trigger a rally to test higher resistance at $1.50 or beyond.
📉 Bearish Scenario:
A sustained rejection from $1.432 or continued downward momentum could lead the price to retest the $1.10 support zone.
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Trading Strategy:
For long positions, consider entering above $1.36 with a stop-loss below $1.10.
For short positions, look for confirmations near $1.43 with targets around $1.10 or $0.993.
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💡 Market Tip:
The breakout below the trendline suggests traders should exercise caution and closely monitor price action near critical levels. Volatility remains high, so plan trades with proper risk management.
Stay tuned for more updates, and trade wisely!
#CryptoSignals #USUALUSDT #Binance #TechnicalAnalysis"
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