$USUAL Testing Key Support Zone After Sharp Decline
$USUAL is trading at $1.2238, down significantly as sellers dominate. The price is nearing a critical support zone at $1.2100, which could decide the next major move.
Trade Setup:
Long Entry: Above $1.2500, targeting $1.3000 and $1.3500.
Short Entry: Below $1.2100, targeting $1.1500 and $1.1000.
Stop Loss: Set at $1.2400 to manage risk.
Market Insight:
The sharp drop reflects increased selling pressure, but if $1.2100 holds, a short-term bounce is possible. A breakdown below this level, however, could trigger further downside momentum. Volume spikes should be monitored for trend confirmation.