$USUAL
The asset appears to have concluded its downward correction. Following @Binance Announcement announcement that the token would be suspended from the pre-market and officially launched on the spot market, the currency depreciated for two days. This announcement initially caused uncertainty among traders regarding the token's future prospects. However, the turbulence proved to be the result of a misunderstanding, as participants misinterpreted the pre-market suspension.
Since its launch, the asset has achieved a cumulative increase of 142.34% over 27 days at its peak, despite experiencing a 17.37% decline during the most recent two-day intraday correction. Even accounting for a total 50.25% correction since its launch, the asset still reflects a net gain of 92.02%.
Notably, the asset briefly broke below the 7-day Exponential Moving Average (EMA) but did not close beneath it, signaling strength in its recovery and suggesting the correction phase may be over.
Data on the asset's capitalization and free float flow reveal varying weights in its composition, enabling the weighted average to better reflect cash inflows versus outflows. The EMA does not discard older data entirely when new data is introduced; instead, it incorporates a portion of the older values, offering a more precise view of the asset's price trend by considering recent highs and lows.
The $USUAL token has demonstrated promising potential and resilience so far.