🔍 $USUAL /USDT Technical Analysis: A Strategic Approach 🎯
The USUAL/USDT pair has been showing a significant downward trend over the past 24 hours, with a drop of -14.69%, reaching a low of $0.94. However, this provides an opportunity to watch for potential rebound points at key support levels. Here's a breakdown of the technical outlook and the possible targets to watch:
📉 Support Levels and Key Targets:
1. $1.00 Target: This level has acted as a psychological support in previous market movements. A slight bounce could push prices back up to this level for a retest.
2. $1.10 Target: If the market shows a recovery, $1.10 might act as the next resistance. A break above this could signal a stronger upward trend.
3. $1.25 Target: For those eyeing a more aggressive recovery, the $1.25 level is crucial. A breakout here could indicate the market is ready to shift its momentum.
Current Market Overview:
Current Price: $1.08
24h High: $1.2698
24h Low: $0.94
24h Volume (USUAL): 413.92M
24h Volume (USDT): 455.05M
📊 Trading Tip: Watch the 1-hour and 4-hour timeframes for confirmation of trends. If price action starts consolidating above $1.10, it could signal a reversal towards the next target.
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