$USUAL $USUAL $USUAL
The USUAL/USDT pair shows a bearish trend over the past 15-minute intervals, with the price dropping by 9.60% in the last 24 hours, now trading at $0.2232. Let's break down the key insights:
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Price Movement Analysis
24H High: $0.2683
24H Low: $0.2231
The chart highlights consistent lower highs and lower lows, indicating strong selling pressure.
The price has breached $0.2235, a critical intraday support, suggesting a lack of buyer activity to counter the sellers.
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Volume Insights
24H Vol (USUAL): 79.09M
24H Vol (USDT): 19.16M
The significant trading volume shows high activity, but sellers dominate the market. This could signal either panic selling or liquidation of positions.
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Key Support and Resistance Levels
Immediate Support: $0.2231 (24-hour low)
If this level breaks, the next potential support lies at $0.2200, which could act as a psychological level.
Resistance Zone: $0.2297–$0.2300
Buyers need to push past this resistance to regain momentum.
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Trading Strategy
1. For Bulls:
Look for a bullish reversal pattern around the $0.2231 support.
A confirmed breakout above $0.2300 with strong volume could signal an entry point for short-term gains.
2. For Bears:
A sustained move below $0.2231 opens the door for short positions, targeting the $0.2200 or lower levels.
Tight stop-loss placement above $0.2300 is advised.
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Market Sentiment
The current bearish momentum, coupled with high selling volume, reflects uncertainty among buyers. Patience and close monitoring of price action around key levels are essential
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