馃搳 Market Update: $USUAL /USDT Short-Term Analysis
馃殌 USUAL/USDT is showing significant volatility, gaining +35.69% in the last 24 hours. With a current price of $1.1410, traders can take advantage of the short-term momentum. Here's the technical breakdown:
Key Indicators:
24h High: $1.2223
24h Low: $0.6450
Volume: 1.04B USUAL
MACD: Bullish crossover, indicating upward momentum.
RSI: Approaching overbought levels, suggesting a potential correction.
EMA Levels: Price holding above the 20 EMA, confirming short-term bullish sentiment.
馃幆 Trade Setup:
Short-term traders can consider these targets:
1. Target 1: $1.18 (Resistance from recent price action)
2. Target 2: $1.25 (24h High/psychological resistance)
3. Target 3: $1.30 (Potential breakout level)
馃攧 Stop Loss: $1.05 (Below critical support to manage risk).
馃挕 Strategy:
If the price consolidates above $1.10, momentum could push it towards the second and third targets.
Watch for RSI and MACD signals to anticipate reversals or continuations.
馃搱 Note: Market volatility is high鈥攖rade with caution and stick to your risk management plan.
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