$USUAL: Navigating the Bearish Phase & Addressing Supply Concerns🐻‍❄️

Current Market Snapshot:

$USUAL is currently trading at $1.1543, down 10.44% from its all-time high of $1.6356. 📉

Price is hovering around the 25-day Moving Average, a potential support level.

RSI is at 50.2, indicating a neutral market.

Reduced trading volume suggests sellers are still active.

Potential for a Bullish Turn:📈

I anticipate a stabilization and potential recovery within 1-2 weeks, assuming no negative surprises.

Increased trading volume and renewed buyer interest are crucial for a bullish reversal.

Addressing Supply Concerns:

Discrepancy:

The current circulating supply (501.75 million) exceeds the initial estimate (495 million).

Possible Explanations:

This discrepancy could be attributed to factors like bonus distributions, liquidity provisions, or other pre-launch tokenomics.

Max Supply:

The maximum supply remains 4 billion tokens, minimizing long-term concerns.

Transparency is Key: 🔍

I urge the team to provide clear and transparent updates on token releases.

Final Thoughts:

$USUAL's journey has been dynamic. 🎢 While the current bearish phase may persist for a short while, I maintain a positive long-term outlook.

What are your thoughts on the current market situation and the potential for $USUAL? 💬 Let's discuss!

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