$USUAL
4hr time frame analysis š
1. Price Explosion šš
ā¢Current Price: $0.8613
ā¢24h High: $1.2073 š„
ā¢24h Low: $0.6450 š
The asset has seen a massive pump recently, with a dramatic spike to $1.2073 before retracing to the $0.86 region. This indicates strong buying pressure but also significant profit-taking near the top. š°
2. Historical Support & Resistance š”ļøš
ā¢Support Level: Around $0.39
ā¢Recent Low: $0.0125 š§
ā¢Major Resistance: $1.2073 š§
The chart shows how USUAL/USDT skyrocketed from an earlier stable support level at $0.39 to challenge the $1.20 mark. Breaking and closing above $1.20 could unlock further upward movement, while failing may test $0.70-$0.60 levels. š
3. Volume Surge šš„
ā¢The 24h trading volume indicates intense activity, with volumes reaching over 367.28M USUAL and 328.76M USDT traded. This suggests whale activity š and heightened market interest.
ā¢However, watch for decreasing volume during pullbacks, as it could mean a temporary cooldown. š”ļø
4. Candlestick Patterns & Momentum š”šÆļø
ā¢The massive green candle is a bullish signal, but the long upper wick at $1.2073 suggests sellers stepped in heavily. š
ā¢If momentum continues with bullish closes, a retest of $1.20 is possible.
ā¢A retracement could bring it back to $0.75-$0.70 for consolidation before the next leg up. š
5. Indicators Overview šš
ā¢RSI (Relative Strength Index): Likely overbought (>70) šØ, signaling a need for cautionābuyers could cool off before another push. š§
ā¢MACD (Moving Average Convergence Divergence): Positive momentum but look for weakening histogram bars. If it crosses downward, we might see a bearish turn. ā ļø
ā¢Volume: Elevatedākeep an eye for any sharp decline, which could suggest momentum loss.
6. Next Moves š®š¦
1.Bullish Scenario š¢:
ā¢A strong breakout and close above $1.2073 could signal new highs, targeting $1.40-$1.50 zones. š¹
2.Bearish Scenario š“:
ā¢If price breaks below $0.75-$0.70, support at $0.39 could be tested.