$USUAL /USDT technical analysis and trade signal for the pair with three target levels and trade momentum.

Current Price: 0.6798 USDT

Support Levels:

First Support: 0.6383 USDT (24h Low)

Second Support: 0.6500 USDT (psychological level)

Third Support: 0.6200 USDT (previous low)

Resistance Levels:

First Resistance: 0.7160 USDT (24h High)

Second Resistance: 0.7500 USDT (previous resistance)

Third Resistance: 0.7800 USDT (Buy Avg. Price level)

Price Action: The pair is currently trading around the 0.6798 mark, which is near the recent support levels. A break below 0.6383 might lead to further downside towards the 0.6200 level. On the other hand, a strong bounce from this zone could see price action rise towards the resistance levels.

Trade Signal:

Buy Entry: Above 0.6800 USDT (Breaking above the current resistance level)

Sell Entry: Below 0.6380 USDT (Break below the recent low)

Target Levels:

1. Target 1: 0.7000 USDT (Intermediate Resistance)

2. Target 2: 0.7350 USDT (Strong Resistance Level)

3. Target 3: 0.7500 USDT (Previous Resistance)

Momentum Indicators:

RSI (Relative Strength Index): Currently around 45 (Neutral). A rise above 50 could indicate bullish momentum, while a drop below 40 could signal further downside.

MACD (Moving Average Convergence Divergence): No clear trend yet. Monitor for a potential crossover to identify momentum shift.

Trade Momentum:

Bullish Momentum: If the price breaks above 0.6800 USDT, expect upward movement towards the target levels. A positive MACD crossover and RSI above 50 will confirm this.

Bearish Momentum: A drop below 0.6383 could signal a continuation of the downtrend. Pay attention to the volume and price action if it breaks through support.

Risk-Reward:

With the current support at 0.6383 and the first target at 0.7000, the risk-reward ratio looks favorable for a potential buy position.

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