$USUAL Showing Strong Recovery – Bullish Move on the Horizon
$USUAL is trading at $0.8409 on the 15-minute chart, bouncing back sharply from recent lows of $0.7745. The price has crossed above key moving averages, indicating growing bullish momentum as buyers re-enter the market.
Trade Setup:
Long Entry: Above $0.8500, targeting $0.8700 and $0.8880.
Short Entry: Below $0.8200, looking for $0.8000 and $0.7745.
Stop Loss: Place a stop loss at $0.8100 to manage risk effectively.
Market Insight:
The moving averages (7, 25, and 99) are trending upward, supporting bullish sentiment. Volume has also spiked, signaling increased buying pressure. A breakout above $0.8500 could pave the way for further gains.