$USUAL /USDT is showing a strong uptrend with a recent price surge to 1.0399 USDT, marking a 23.67% increase today. Despite volatility, this asset demonstrated significant momentum, with the 24h high hitting 1.2073 USDT and a low of 0.6450 USDT.
Key Observations:
1. Strong Support: A key support level is noted around 0.75 USDT, which triggered a bullish rally.
2. Resistance: The market faced resistance at 1.18 USDT, where sellers took control, leading to a pullback.
3. Moving Average (MA): The short-term trend remains bullish as indicated by the upward-moving yellow line (likely a 7-period MA).
4. Current Position: After the recent pullback to around 1.04 USDT, the price shows signs of stabilization.
Trading Signal 🚨
Buy Entry: Watch for the price to hold above 1.03 USDT and bounce back toward the resistance at 1.18 USDT.
Target: First target is 1.18 USDT; if broken, a retest of the 1.20+ USDT range is possible.
Stop Loss: Set at 0.98 USDT to manage risk.
Trend Outlook: Bullish in the short-term with caution around resistance zones.