$USUAL Price Analysis: Testing Key Support Levels.. Another Timely Informed Signal ...
$USUAL is currently trading at $1.1944, down by 3.42% in the last 24 hours. The price has dropped from a high of $1.6521 to a low of $1.1550, signaling a bearish trend.
Key Levels to Watch:
Support: $1.1500 – A break below this level could lead to a deeper decline toward $1.1000.
Resistance: $1.3124 – Bulls need to push above this level to signal a potential recovery.
Trade Setup:
Entry Point: Around $1.1944 for speculative short-term trades.
Targets:
1. $1.3124 (immediate resistance)
2. $1.4900 (major resistance zone)
Risk Management:
Stop-loss: $1.1400 to manage potential losses.
Market Insight:
With significant bearish pressure, $USUAL needs strong volume support near $1.1500 to avoid further declines. Traders should wait for a confirmation of reversal before entering aggressive positions.
