$USUAL /USDT Trading Signal: Will the Trend Reverse?
Signal Type: Short
Entry Range: $0.6670 - $0.6700
Take-Profit Targets:
TP1: $0.6550 (Initial)
TP2: $0.6450 (Extended)
TP3: $0.6380 (Aggressive)
Stop-Loss: $0.6860
Technical Analysis
The $USUAL /USDT pair has shown bearish momentum after facing resistance at $0.7089. A breakdown below the 7-period Moving Average and weak recovery attempts signal continued selling pressure. Here’s what the charts reveal:
1. Resistance Levels:
Immediate: $0.6860
Major: $0.7089
2. Support Levels:
Initial: $0.6550
Major: $0.6383
3. Indicators:
Moving Averages: Downtrend confirmation as MA7 and MA25 cross below MA99.
Volume Analysis: Increased selling volume below $0.6700 suggests bearish strength.
MACD & RSI: Bearish divergences confirm sellers are dominating the price action.
Market Observation
The pair continues to face selling pressure around the $0.6700 zone, and a further drop to $0.6550 seems likely if the bearish trend persists. A close below $0.6600 could trigger a sharper decline toward the $0.6380 level.
However, if the price rebounds above $0.6860, a reversal could invalidate this short setup.
Trade Management Tips:
Risk-Reward Setup: Stick to the recommended stop-loss for controlled risk exposure.
Partial Profits: Secure partial gains at TP1 and adjust your stop-loss to breakeven for the remaining position.
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