Market Analysis: $USUAL /USDT on 4-Hour Chart!🔥💯
Current Status: $USUAL /USDT is trading at $1.0837, showing a solid +5.58% intraday increase. The recent price structure indicates a potential bounce from the psychological support zone near $1.00, suggesting strong accumulation by buyers.
Key Levels to Watch:
• Resistance Zones: $1.20 and $1.30 (Short-Term Profit Targets)
• Support Zones: $1.00 and $0.95 (Critical Defense Levels)
Trading Opportunities:
1. Long Entry:
• Ideal Entry: $1.05-$1.08 (On Pullback)
• Target 1: $1.20
• Target 2: $1.30
• Stop Loss: Below $1.00
2. Short Entry:
• If the price rejects at $1.20 or breaks $1.00 decisively.
• Entry Zone: $1.18-$1.20 or below $1.00
• Target: $0.95-$0.90
• Stop Loss: Above $1.25
Market Outlook:
USUAL/USDT is consolidating after a sharp rise, creating potential for both range-bound trading and a breakout. A sustained move above $1.20 could trigger a rally toward $1.50, while failure to hold $1.00 may result in retesting lower support levels.
Trade cautiously and manage risks by securing partial profits near resistance levels or updating stop-loss levels to minimize exposure!