$USUAL is trading at $1.3585, showing a strong upward move, with a 24-hour high of $1.4380. The price is consolidating after the recent rally, and the next breakout or breakdown will determine its direction.
Trade Setup:
Long Setup:
Entry: Above $1.4400 (Breakout confirmation)
Stop Loss (SL): $1.3500
Take Profit 1 (TP1): $1.5000
Take Profit 2 (TP2): $1.6000
Short Setup:
Entry: Below $1.3000 (Breakdown confirmation)
Stop Loss (SL): $1.3500
Take Profit 1 (TP1): $1.2500
Take Profit 2 (TP2): $1.2000
Technical Outlook:
The price shows significant bullish momentum, but consolidation below $1.4400 suggests resistance. A breakout above this level could target $1.6000, while a breakdown below $1.3000 may lead to a correction.
Monitor volume and price action closely for confirmation, and apply strict stop-loss levels to minimize risk.