Based on the $USUAL /USDT chart:š„š„
The price has shown a strong bullish momentum with a 23.61% increase in the last 24 hours, reaching a high of 1.2073 and currently stabilizing around 1.0394. The price has retraced slightly from the high, indicating potential profit-taking by traders. The support zone is evident around 0.8000, and resistance lies near 1.2000.
Long Entry:
Entry Point: Around 1.0000, after confirming support.
Stop Loss: Below 0.9500.
Targets: 1.1500 (primary) and 1.2000 (secondary).
Short Entry:
Entry Point: Around 1.1000 if it rejects resistance at 1.1500.
Stop Loss: Above 1.2000.
Targets: 0.9500 (primary) and 0.8000 (secondary).
The RSI and volume trends should also be monitored for overbought or oversold signals. A breakout above 1.2000 could invalidate short trades and trigger further upward momentum.
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