$USUAL /USDT Analysis: Testing Key Support Levels
$USUAL is currently trading at $1.30, down 12.30% in the last 24 hours. The dip positions the asset near a critical support zone, creating a potential setup for both short-term traders and long-term holders.
---
Key Levels to Watch
Support: $1.25 – A breakdown below this level could signal further downside.
Resistance: $1.35 – A breakout above this level might attract fresh buying interest.
---
Trade Setup
Entry Point: Around $1.28 for a potential bounce.
Targets:
1. $1.33 (short-term)
2. $1.40 (next target)
---
Risk Management
Stop-loss: $1.22 – To limit downside risk in case of further bearish movement.
---
Analysis
Despite the decline, $USUAL may see a reversal if buyers defend the $1.25 support level. Watch for volume spikes or bullish candlestick patterns to confirm the recovery. Short-term traders could take advantage of the price range, while cautious stops are advised.