$USUAL
4hr time frame analysis 🔎
1. Price Explosion 🚀📈
•Current Price: $0.8613
•24h High: $1.2073 🔥
•24h Low: $0.6450 📉
The asset has seen a massive pump recently, with a dramatic spike to $1.2073 before retracing to the $0.86 region. This indicates strong buying pressure but also significant profit-taking near the top. 💰
2. Historical Support & Resistance 🛡️📊
•Support Level: Around $0.39
•Recent Low: $0.0125 💧
•Major Resistance: $1.2073 🚧
The chart shows how USUAL/USDT skyrocketed from an earlier stable support level at $0.39 to challenge the $1.20 mark. Breaking and closing above $1.20 could unlock further upward movement, while failing may test $0.70-$0.60 levels. 📉
3. Volume Surge 📊💥
•The 24h trading volume indicates intense activity, with volumes reaching over 367.28M USUAL and 328.76M USDT traded. This suggests whale activity 🐋 and heightened market interest.
•However, watch for decreasing volume during pullbacks, as it could mean a temporary cooldown. 🌡️
4. Candlestick Patterns & Momentum 💡🕯️
•The massive green candle is a bullish signal, but the long upper wick at $1.2073 suggests sellers stepped in heavily. 🛑
•If momentum continues with bullish closes, a retest of $1.20 is possible.
•A retracement could bring it back to $0.75-$0.70 for consolidation before the next leg up. 🔄
5. Indicators Overview 📈📉
•RSI (Relative Strength Index): Likely overbought (>70) 🚨, signaling a need for caution—buyers could cool off before another push. 🧊
•MACD (Moving Average Convergence Divergence): Positive momentum but look for weakening histogram bars. If it crosses downward, we might see a bearish turn. ⚠️
•Volume: Elevated—keep an eye for any sharp decline, which could suggest momentum loss.
6. Next Moves 🔮🚦
1.Bullish Scenario 🟢:
•A strong breakout and close above $1.2073 could signal new highs, targeting $1.40-$1.50 zones. 🏹
2.Bearish Scenario 🔴:
•If price breaks below $0.75-$0.70, support at $0.39 could be tested.