Here's a small analysis for $USUAL today, all info was pulled from the 15m, 1h and 4h charts.

Support and Resistance

Support Levels:

Based on the 15-minute and 1-hour charts, the most evident support level is around $1.25, where prices have previously bounced back.

Resistance Levels:

In the 4-hour chart, resistance seems to be around $1.44, where price struggled to break through earlier.

Trading Strategy

1. Scalping (Short-Term)

Entry: Wait for the price to approach the $1.25 support. Look for confirmation of a reversal (e.g., bullish candlestick pattern).

Exit: Target near the $1.30-$1.32 range (middle Bollinger band), or just under $1.35.

Stop Loss: Place your stop loss slightly below $1.25, around $1.23, to limit downside risk.

2. Swing Trading (Mid-Term)

Entry: If price breaks above $1.32 convincingly (with volume confirmation), enter long.

Exit: Target the $1.44 resistance level.

Stop Loss: Place it near $1.28 to reduce potential losses if the breakout fails.

3. Indicators:

Use the MACD and RSI for confirmation. A bullish crossover in MACD or RSI rising from oversold levels strengthens the setup.

The Bollinger Bands can help identify overbought/oversold conditions, giving you more precision for entries and exits.

Stick to your plan, manage risk effectively, and keep emotions in check. Happy trading!