25-12-2024: Understanding Supply and Price Trends

šŸ”Ž Supply Overview

Maximum Supply: 4 billion

Issued Tokens: 495.61 million

Circulating Supply: 477.13 million

Remaining Tokens (Uncirculated): 18.48 million

This tight supply structure supports a healthy market, with limited new tokens potentially entering circulation in the short term.

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šŸ“ˆ Price Action & Trends

Current Price: $1.2614 (-7.79%)

Trend: Positive momentum despite minor pullback

Key Resistance Levels: Needs to break above $1.35 for further upside

Support Zones: Holding strong around $1.20

Increasing volume indicates robust investor interest. However, breaking above resistance is crucial to confirm further bullish movement.

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šŸ› ļø Strategy for Traders

Short-Term: Monitor price action around $1.35 resistance. If broken, the next target could be $1.50.

Medium-Term: Sustained demand could push prices higher, but watch for corrections around $1.20 support levels.

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šŸ’” Conclusion

The controlled supply and growing demand make USUAL an attractive token for consistent growth potential. While optimism is warranted, managing risks at resistance points remains essential.

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