$USUAL
4hr time frame analysis đ
1. Price Explosion đđ
â˘Current Price: $0.8613
â˘24h High: $1.2073 đĽ
â˘24h Low: $0.6450 đ
The asset has seen a massive pump recently, with a dramatic spike to $1.2073 before retracing to the $0.86 region. This indicates strong buying pressure but also significant profit-taking near the top. đ°
2. Historical Support & Resistance đĄď¸đ
â˘Support Level: Around $0.39
â˘Recent Low: $0.0125 đ§
â˘Major Resistance: $1.2073 đ§
The chart shows how USUAL/USDT skyrocketed from an earlier stable support level at $0.39 to challenge the $1.20 mark. Breaking and closing above $1.20 could unlock further upward movement, while failing may test $0.70-$0.60 levels. đ
3. Volume Surge đđĽ
â˘The 24h trading volume indicates intense activity, with volumes reaching over 367.28M USUAL and 328.76M USDT traded. This suggests whale activity đ and heightened market interest.
â˘However, watch for decreasing volume during pullbacks, as it could mean a temporary cooldown. đĄď¸
4. Candlestick Patterns & Momentum đĄđŻď¸
â˘The massive green candle is a bullish signal, but the long upper wick at $1.2073 suggests sellers stepped in heavily. đ
â˘If momentum continues with bullish closes, a retest of $1.20 is possible.
â˘A retracement could bring it back to $0.75-$0.70 for consolidation before the next leg up. đ
5. Indicators Overview đđ
â˘RSI (Relative Strength Index): Likely overbought (>70) đ¨, signaling a need for cautionâbuyers could cool off before another push. đ§
â˘MACD (Moving Average Convergence Divergence): Positive momentum but look for weakening histogram bars. If it crosses downward, we might see a bearish turn. â ď¸
â˘Volume: Elevatedâkeep an eye for any sharp decline, which could suggest momentum loss.
6. Next Moves đŽđŚ
1.Bullish Scenario đ˘:
â˘A strong breakout and close above $1.2073 could signal new highs, targeting $1.40-$1.50 zones. đš
2.Bearish Scenario đ´:
â˘If price breaks below $0.75-$0.70, support at $0.39 could be tested.