$USUAL /USDT Technical Analysis: Bullish Momentum with Targets Ahead
$USUAL /USDT has shown strong upward momentum, currently trading at $0.7906. The chart indicates a breakout, signaling further potential upside. Here’s a technical breakdown with key targets:
---
Key Levels to Watch:
Entry Zone: $0.78 - $0.79
Targets:
1. $0.80 – Immediate resistance. A breakout above this could confirm bullish continuation.
2. $0.84 – Previous high and a key resistance level. Watch for volume confirmation.
3. $0.89 – Extended target, aligning with psychological resistance and momentum continuation.
Stop Loss: Below $0.75 (to manage risk effectively).
---
Market Insights:
Volume: Significant uptick, supporting the recent breakout.
RSI: Rising, reflecting bullish strength but approaching overbought territory.
Outlook: A sustained breakout above $0.80 could push the price toward $0.84 and higher. Monitor for pullbacks to re-enter if needed.
---
Trading Strategy: Follow the momentum but watch resistance levels closely. Ensure proper risk management with stop-loss placement.
#Binance #CryptoTrading #TradingSignals #CryptoMarket #BinanceLaunchpool