$USUAL /USDT Price Analysis – Binance (Target Price and Market Outlook)✌️✌️💖
The #BinanceAlphaAlert USUAL/USDT pair is currently priced at $1.2163, reflecting a solid +7.14% increase in the last 24 hours. This positive price movement follows a strong bullish sentiment and solid trading volumes, marking it as one of the top gainers in the market.
Key Price Levels:
24h High: $1.2980
24h Low: $0.9111
Current Price: $1.2163
Moving Averages:
MA(7): $1.2234
MA(25): $1.2316
MA(99): $1.2303
The short-term moving averages (7-day and 25-day) indicate a slight downtrend since the current price is below these averages. However, it’s still hovering near the long-term 99-day moving average, which suggests a more neutral outlook with potential for upward momentum if key resistance levels are breached.
Trading Volume:
24h Trading Volume ($USUAL ): 662.85M
24h Trading Volume (USDT): 757.92M
The substantial trading volume points to healthy market activity and increased investor interest in USUAL/USDT, which could drive the price higher or act as confirmation for a bullish continuation.
Target Price and Market Outlook:
The immediate resistance level for $USUAL
/USDT appears to be around $1.23, which aligns closely with the MA(7) and MA(25) values. If the price can breach this resistance and maintain momentum, it could test the $1.26 level as the next target, where it would face further resistance.
On the other hand, should the price face selling pressure and dip below $1.21, the next support level could be around $1.18, and further losses may push the price closer to the $1.15 zone.
Conclusion:
For Binance traders, the current market shows positive price action, but caution is advised. If the price manages to break $1.23, $1.26 is a reasonable target for the next phase. However, any rejection at these levels could lead to
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