$USUAL Poised for Breakout: Is This the Next Big Move❓🚀
Usual has captured the market’s attention with an impressive +29% surge in the past 24 hours, showing strong buying momentum and technical strength. Here's a detailed breakdown and why now could be a key opportunity to buy.
Technical Analysis 📊
1. Price Action:
Current Price: $1.0851
24H High: $1.2073 – Price attempted to test this resistance but pulled back slightly.
24H Low: $0.6450 – A strong recovery from this support highlights bullish dominance.
2. Support and Resistance Levels:
Immediate Resistance: $1.20 – A decisive breakout above this level could trigger a move toward $1.30–$1.35.
Key Support Zones: $0.82 and $0.64 – These levels have seen strong buy activity, confirming a solid base.
3. Volume and Market Sentiment:
24H Volume: Over 734M $USUAL traded, with clear dominance of buy orders (64.11%).
The sharp volume increase reflects growing investor confidence and heightened demand for $USUAL.
4. Momentum and Indicators:
Wm %R: Currently at -21.98, indicating that the asset is nearing overbought territory but maintaining strong bullish momentum.
Price consolidating around $1.08 suggests healthy accumulation before the next breakout.
Key Observations and Market Outlook 📈
Usual has displayed a clear uptrend after rebounding from $0.6450, signaling a shift in sentiment toward bullish control.
If the price successfully breaks above the $1.20 resistance, it could open the doors to price discovery levels around $1.30–$1.35.
The strong buy pressure and increasing volume indicate confidence in further upside potential, making this a strategic entry point.
Why Buy Now❓
Strong uptrend with bullish momentum confirmed.
Increasing volume and market sentiment support further upside movement.
Favorable risk-reward setup near the current price, with a stop-loss around $1.00 to manage risk.
📢 Buy it 👉 $USUAL
⚠️ Disclaimer: This is not financial advice. Please do your own research (DYOR) before making any investment decisions.