🚨 $USUAL /USDT Technical Analysis: Watch These Key Levels! 🚨
The USUAL/USDT pair has been making some interesting moves lately, and it’s time to dive deep into the technical analysis to identify potential entry and exit points. With the recent price drop of -15.65% in the last 24 hours, traders are looking for possible levels to capitalize on the price action. Here are 3 key targets to watch:
🎯 Target 1: $1.05
The price is currently hovering around $1.0442, and we’re seeing support forming at the $1.05 level. A bounce from here could lead to a short-term recovery toward the next resistance.
🎯 Target 2: $1.10
If momentum shifts and buyers start stepping in, the $1.10 level becomes crucial. This is a resistance point, and a breakout above it could confirm a shift toward a bullish trend. Keep an eye on the volume for confirmation.
🎯 Target 3: $1.24
A move back to the $1.24 high will require significant bullish pressure. If we see this level tested again, it could signal a reversal in the market sentiment.
🔎 Key Levels to Watch:
Support Zone: $0.94 - $1.05
Resistance Zone: $1.10 - $1.24
📉 Potential Risks:
Given the recent drop, be cautious if the price fails to hold above $0.94. A break below this level could signal further downside.
Make sure to stay updated with market trends and manage your risk accordingly. Good luck with your trades! 📊💹
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