Post for $USUAL /USDT Technical Analysis
š $USUAL /USDT Analysis Update:
Current Price: $1.2700 (-7.35%)
24H Range: $1.2248 - $1.4200
30-Minute Chart Overview: USUAL is currently consolidating after a sharp correction from $1.42. Support near $1.26 appears to be holding, and a potential rebound could be on the horizon.
šÆ Targets:
1. First Target: $1.30 - Immediate resistance. Breaking above this could signal the start of a short-term recovery.
2. Second Target: $1.38 - Medium-term resistance, aligning with the previous consolidation zone.
3. Third Target: $1.42 - Long-term resistance and the day's high, acting as a key level for bullish confirmation.
š” Actionable Insights:
Consider securing partial profits near $1.30.
Set your stop-loss near $1.22 to manage risk.
Monitor volume and MACD signals for signs of bullish divergence, indicating a potential upward reversal.
š Long-Term View: A sustained breakout above $1.42 could pave the way for a rally toward $1.50 and higher, reinforcing bullish sentiment.