🚨Market Insights: $USUAL / USDT🚀
$USUAL / USDT is experiencing a remarkable 39.67% surge, trading at $1.1745 at the time of this analysis.
Key Highlights:
24h High: $1.2073
24h Low: $0.6450
24h Volume: USUAL 954.18M | USDT 937.11M
Technical Overview (15-minute chart):
The price broke above the MA(7): $1.0862 and MA(25): $1.0302, indicating strong bullish momentum.
The long-term MA(99): $0.9651 is well below the current price, confirming an uptrend continuation.
A sharp recovery from $0.9111 earlier signals strong buyer interest.
Signals to Watch:
1. Bullish Continuation:
The recent breakout to $1.1897 and consolidation at $1.1745 suggests further upward momentum if buying pressure remains strong.
2. Overbought Conditions:
Rapid price increases like this may lead to short-term corrections. Keep an eye on the $1.0922 support level for signs of pullback.
3. Support and Resistance Levels:
Immediate resistance at $1.2073 (24h high). A successful break could trigger a rally to new highs.
Key support at $0.9808 and $0.9111 in case of a pullback.
Strategy Tip:
Trend Followers: Ride the momentum but consider trailing stops to lock in gains.
Risk-Averse Traders: Wait for a confirmed breakout above $1.2073 or a pullback to a strong support level before entering.
What’s your outlook on USUAL/USDT? Let’s discuss your strategies below!
Disclaimer: This post is for informational purposes only and not financial advice.