$USUAL tirding signal 馃毃
1. Price Action: USUAL is trading at $0.3001 with a 2300.80% gain in 24 hours. The 24-hour high is $0.4780, while the low is $0.0125.
2. Volume Analysis: Significant initial trading volume suggests a sharp upward movement, followed by declining volumes, indicating potential consolidation.
3. Resistance and Support Levels:
Resistance: $0.3306 (recent peak near the MA).
Support: $0.1599 (mid-point retracement of the pump).
4. Moving Averages: Price is slightly below MA(7), indicating short-term selling pressure. MA(5) and MA(10) suggest consolidation.
5. Long Entry: Buy above $0.3306 (confirmed breakout).
6. Short Entry: Sell below $0.2900 (breakdown from consolidation).
7. Stop Loss Levels:
Long: $0.2900 (below consolidation).
Short: $0.3100 (above key resistance).
8. Indicators: Decreasing volatility indicates possible range-bound movement; wait for a breakout or breakdown for trade confirmation.
9. Recommendation: Watch for clear volume-supported moves to confirm trade directions. Manage risk with strict stop-loss levels.
10. Outlook: Bullish if $0.3306 breaks; bearish if $0.2900 fails to hold.
