$USUAL Approaching Support – Reversal on the Horizon?
$USUAL is trading at $1.3105, dipping closer to its key support level at $1.3005 after a high of $1.4471. The RSI at 26.9 indicates an oversold condition, suggesting the possibility of a rebound. Traders might consider entering around the current price, targeting $1.3200, $1.3350, and $1.3500 for short-term gains. A tight stop-loss at $1.2900 is advised to mitigate risks in case of continued selling pressure. A bounce above $1.3200 could signal renewed buyer interest, potentially reversing the downtrend.