Technical Analysis for $USUAL

/USDT

Current Price: $1.2860

Trend: Bearish (due to a 7.01% drop in the last 24 hours).

Support Levels:

$1.2551 (24h low)

$1.2600 (a minor support level)

Resistance Levels:

$1.4320 (24h high)

$1.4000 (next resistance level near the depth)

Momentum:

The momentum is currently weak and bearish as indicated by the recent price drop.

Moving averages (if applicable) suggest negative momentum, but any reversal above $1.30 could signal a bullish turn.

Trade Signal:

Entry: $1.2850 (near the support level, if the price holds above).

Stop-Loss: $1.2550 (just below the support to mitigate larger losses).

Target Levels:

1. First Target: $1.3500 (short-term resistance level).

2. Second Target: $1.4000 (testing the upper resistance level).

3. Third Target: $1.4320 (24h high - ideal for longer-term gains if bullish momentum picks up).

Trade Momentum:

Bullish momentum expected if price pushes back above $1.30, suggesting continuation towards $1.3500 or higher.

Bearish continuation may occur if the price falls below $1.2600, with the next strong support near $1.2551.

Always use caution and verify market trends before entering trades.

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