$USUAL /USDT Technical Analysis 🔥

Current Price: $1.3362 (+4.64%)

24h High: $1.4471

24h Low: $1.2550

24h Volume ($USUAL ): 226.85M

24h Volume (USDT): 312.62M

Key Levels:

Support Level: $1.3457 – This level is currently holding as key support. A drop below this could signal further downside toward $1.2362.

Resistance Level: $1.4364 – Strong resistance is evident at this level. A break above could open the path toward $1.4471.

Market Depth Insights:

Buy Orders: Strong buy orders are visible around $1.3457, which may act as immediate support for potential bounces.

Sell Orders: Sellers are concentrated around $1.4364 and $1.4320, indicating that a breakout above this area could lead to further upward movement.

Timeframes Analysis:

15m: Short-term bullish momentum observed with fluctuations around the $1.3457 level. Watch for price movements near this area for quick trade setups.

1h: A slight upward bias is noted. A solid breakout above $1.4320 could signal a stronger bullish continuation.

4h: Price seems to be consolidating near resistance levels. If $1.3457 holds as support, further upward movement is likely.

1D: The daily chart shows bullish movement with potential for further gains, but caution near resistance zones is advised.

Outlook: USUAL/USDT has seen a solid 4.64% gain, and with solid support at $1.3457, the next target could be the resistance around $1.4364. A break above this could push the price toward $1.4471, while a fall below the $1.3457 support might lead to a test of the $1.2362 level.

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