The current price of $USUAL /USDT (Usual) is $1.06, reflecting a decrease of -11.37%.
Market Insights:
Downward Trend: The price is in a bearish trend, showing a significant decline.
Volume: A drop in volume may suggest reduced trading interest, contributing to the price decrease.
Resistance: The resistance level could be near $1.10, if there’s a potential recovery.
Support: The next support level is around $1.00, where the price might stabilize.
Trading Strategy:
For Buyers: Wait for signs of stabilization or a rebound at the support level of $1.00 before considering entering.
For Sellers: If you are holding, you might want to wait until the price reaches closer to the resistance level around $1.10 or look for signs of a potential bounce at support.
Always keep an eye on market conditions for further developments.