$USUAL
/USDT Explodes: Is This the Start of a Massive Rally?
The USUAL/USDT pair has made an impressive move, currently trading at $1.2507, reflecting a stunning 48.73% increase in the past 24 hours. This surge has propelled the price from a low of $0.6450 to a 24-hour high of $1.2970, signaling a significant bullish momentum. The breakout above $1.18 has turned this level into strong support, which is likely to play a critical role in sustaining the current rally.
The MACD indicator shows bullish divergence, while the RSI stands at 62.18, suggesting the market still has room for further upside without being overbought. However, traders should watch out for profit-taking near the $1.30 resistance level, which may temporarily cap the rally. A decisive breakout above this point could pave the way for targets near $1.35 and beyond, whereas failure to hold above $1.18 could trigger a retracement toward $1.05.
This is a high-volatility zone, so tight risk management is essential as the market sets up for its next decisive move. With trading volumes soaring, the bulls appear in control, but caution is warranted at these levels. Could this be the start of a prolonged uptrend? Stay tuned for further updates.