$USUAL /USDT: Major Sell-Off Unveils Key Trading Levels .. Dropped to $0.8 once again a Huge Dump..

$USUAL is currently trading at $0.8096, reflecting a dramatic 16.48% decline in the past 24 hours. This sharp drop follows a 24-hour high of $0.9742 and has pushed the price to test the critical support at $0.8084. The sell-off is accompanied by substantial trading volume of 136.81M USUAL, signaling heightened market activity. This level is pivotal as it could act as a base for a potential rebound or lead to further downside if breached.

The technical chart suggests that $USUAL has faced consistent selling pressure, likely triggered by profit-taking at higher levels and overall market weakness. If the $0.8084 support holds, traders could see a bounce toward resistance levels at $0.8500 and $0.8900. Breaking these resistances may reignite bullish momentum, paving the way for a recovery toward $0.9100 in the short term. However, the current bearish sentiment necessitates caution.

If usual fails to maintain the $0.8084 support level, it may slide further toward $0.7800 or even $0.7500, creating additional selling pressure. Traders are advised to monitor the trading volume and RSI closely for signs of reversal or continued weakness. A break below $0.7500 could open doors for a more extended bearish trend, making it crucial for traders to use tight stop-losses to minimize risks.

For traders seeking opportunities, the current levels may offer an attractive risk-reward ratio. However, it’s vital to wait for confirmation of support holding or a bullish reversal before entering trades. This ensures better positioning and reduces exposure to further downside risks. As USUAL experiences high volatility, active monitoring and swift execution are key for navigating these market conditions profitably.