📉$USUAL USUAL/USDT: Sharp Decline of -9.04% – Testing Critical Support Levels

The USUAL/USDT pair has seen significant selling pressure, trading at $1.1424, marking a sharp decline of -9.04% in the last 24 hours. Let’s break down the current situation and possible moves ahead:

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🔥 Key Metrics

💰 Current Price: $1.1424

🔝 24h High: $1.2727 – A level rejected after brief testing.

🔻 24h Low: $1.1155 – Key support zone currently under observation.

📊 24h Volume:

188.12M USUAL traded

$218.86M USDT in liquidity

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📊 Technical Analysis

🔄 Trend: Short-term bearish as price broke down from $1.27 resistance. Consolidation is likely near support.

📍 Support Levels:

$1.11–$1.12 – Critical area to hold for any chance of recovery.

📍 Resistance Levels:

$1.17–$1.20 – Needs to be reclaimed to reverse the current trend.

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💡 Trading Insights

1️⃣ Short-Term Strategy:

Look for buying opportunities near $1.11–$1.12 if support holds.

Target $1.17–$1.20 for short-term rebound.

2️⃣ Risk Management:

Place stop-loss orders below $1.10 to avoid extended losses.

3️⃣ Long-Term Outlook:

If $1.11 support fails, expect further downside toward $1.05. However, holding above this level may attract buyers aiming for a recovery.

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💬 Will USUAL reclaim $1.20, or will bearish momentum persist? Share your insights below!

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