🚨🚨🚀$USUAL /USDT trading pair with 15minutes Timeframe current price analysis and future price prediction 👇👇✅
Current Market Overview:
1. Price: $1.2849
A sharp increase of 19.98% over the past 24 hours.
2. 24-Hour Range:
High: $1.2990
Low: $0.9951
3. Volume:
USUAL: 331.78M
USDT: 373.75M
4. Indicators:
RSI: 76.49 (overbought zone, indicating strong bullish momentum but a possible correction soon).
Moving Averages:
MA(5): $4.63M
MA(10): $4.11M
Analysis:
Trend: The price is in a strong uptrend, breaking resistance levels and creating higher highs.
Volume: High trading volume indicates active participation, confirming the current trend.
RSI: Being above 70 indicates overbought conditions, meaning a retracement or consolidation could occur in the near term.
Candlestick Patterns: The recent green candles suggest buyer dominance, but wicks on the candles indicate selling pressure at higher levels.
Future Price Prediction:
1. Bullish Scenario:
If the price sustains above $1.28 and breaks $1.2990, the next resistance could be around $1.35 to $1.40. Strong volume and momentum will be key.
2. Bearish Scenario:
A failure to maintain $1.28 could lead to a pullback to the $1.22 or $1.20 support levels.
3. Neutral Scenario:
Consolidation between $1.25 and $1.30 might occur as traders wait for further confirmation.
Trading Tips:
If you're holding: Consider booking partial profits or setting a trailing stop-loss to secure gains.
If you're looking to buy: Wait for a retracement or consolidation near support levels like $1.22
