USUAL/USDT Chart Analysis

Launch Volatility:

The chart shows extreme volatility upon launch, with the price spiking to $0.4780 before retracing to $0.2599.

Such movements are common during token launches as early traders lock in profits.

Volume Activity:

• Significant trading volumes at launch suggest high initial interest.

• Volume appears to be tapering off, indicating a possible shift toward stabilization or consolidation.

3. Price Action:

• The current price of $0.2599 is holding above the day’s low of $0.1599, indicating short-term support near this level.

• Resistance is observed around $0.33–$0.35, the area of prior rejection.

Bullish Scenario

• Immediate Targets:

• A breakout above $0.3300 could lead to a test of the initial high of $0.4780.

• Key Indicators:

• Increasing volume coupled with higher lows would signal bullish momentum.

• RSI and MACD confirmation of an uptrend could support a sustained rally.

Bearish Scenario

• Immediate Downside Risks:

• A breach below $0.2000 could lead to further declines toward the low of $0.1599.

• Key Indicators:

• Decreasing volume and rejection near resistance levels could indicate bearish sentiment.

Support and Resistance Levels

• Support:

• $0.2000 (psychological level).

• $0.1599 (intra-day low and key support).

• Resistance:

• $0.3300 (first major resistance).

• $0.4780 (all-time high).

Indicators to Watch

1. Volume: A pickup in volume near key levels is essential for momentum.

2. RSI: Check for overbought or oversold signals.

3. Moving Averages: A break above short-term moving averages (e.g., 15 EMA) could indicate a trend shift.