Is USUAL's Drop the Beginning of a Big Move?
The recent dip in USUAL’s price to $0.7350 seems linked to a correction due to its increased circulating supply. After its Binance Launchpool debut, about 12.37% of the total supply (494.6M tokens) entered circulation, alongside farming rewards and airdrops. This influx of liquidity appears to have created temporary selling pressure, which is a normal adjustment for new tokens.
Looking at the chart, the RSI shows oversold levels around 27, hinting at potential exhaustion from sellers. Combine that with USUAL’s strong fundamentals—like its ties to Binance Launchpool and ongoing farming campaigns—and I believe this could be the perfect buy-the-dip opportunity. My target remains $1 during the next bull run, and I’m confident this correction will set the stage for a strong recovery.