Binance Technical Analysis: USUAL/USDT - Key Levels to Watch š
As the USUAL/USDT pair shows strong bullish momentum, let's dive into the technical analysis and identify three key price targets to keep an eye on.
Current Price: $0.2592 (+10.11%)
24H High: $0.2668
24H Low: $0.2051
Key Technical Levels:
1. Target 1: $0.2668 (24H High)
USUAL has recently tested its 24-hour high at $0.2668. A break above this level could signal a continuation of the uptrend, with the next resistance zone opening up at around $0.28. Watch for strong buy volume to confirm this breakout.
2. Target 2: $0.2400 (Support Zone)
If the price retraces, $0.2400 serves as a solid support level. A bounce from this zone could indicate continued bullish momentum. Traders should monitor for a higher low formation, which would strengthen the bullish outlook.
3. Target 3: $0.2059 (SAR Support Level)
The SAR (Stop and Reverse) indicator suggests a potential price level at $0.2059. A drop to this level would be a significant pullback, but it could present an opportunity to enter at a better price, especially if the market maintains a long-term uptrend.
Technical Indicators:
Money Flow: Strong positive money flow is supporting the current bullish momentum, suggesting continued interest from buyers.
Volume: 24H volume of 109.27M (USUAL) and 24.82M (USDT) is showing healthy trading activity, with the potential for further volatility.
SAR Indicator: The current SAR level is $0.2059, acting as a potential stop for any bearish movement.
#COSSocialFiRevolution #BinancePoolFractalBitcoin #90kCryptoZone