$USUAL /USDT Technical Analysis and Trade Signal🔥🔥🔥🚀🚀🚀
Current Market Overview
Current Price: $0.6947 (-17.39%)
24h Low: $0.6450
24h High: $0.8409
Resistance (SAR): $0.8666
The recent drop of 17.39% indicates bearish momentum, but the price is nearing a potential support level at $0.6450. This could lead to a rebound if buying pressure increases. Let’s identify trade opportunities based on key levels.
Trade Signal
Strategy: Short-Term Scalping or Swing Trade
Momentum: Neutral to Slightly Bullish (if support holds at $0.6450)
Entry Levels:
1. Aggressive Entry: $0.6600–$0.6800 (High Risk, Early Entry)
2. Conservative Entry: $0.6450 (Wait for confirmation of support bounce)
Target Levels 🎯
1. Target 1: $0.7400 (Short-term resistance)
2. Target 2: $0.7900 (Fibonacci retracement & mid-level resistance)
3. Target 3: $0.8400 (24h High and key resistance)
Stop-Loss:
Place a stop-loss at $0.6200 to minimize risk in case the support breaks.
Indicators Overview
SAR: Suggests resistance near $0.8666; use as a breakout confirmation level.
RSI (Relative Strength Index): Likely in oversold territory (check for a reading below 30 to confirm a reversal).
Volume: Look for increasing buy volume near $0.6450 for confirmation of momentum shift.
Trade Momentum:
Bullish Above: $0.7000
If the price sustains above $0.7000, it could signal a bullish breakout.
Bearish Below: $0.6450
A drop below this level may trigger further downside.