Here's a concise technical analysis and trade signal for the listed cryptocurrencies (IRIS, USUAL, and $OAX
based on the provided data:
1. $IRIS
IRI
Current Price: $0.01033
24h Change: -7.35%
Technical Analysis:
Support Level: $0.0098 (recent lows)
Resistance Level: $0.0115 (recent highs)
Trend: Bearish short-term due to the -7.35% drop. Likely to test support at $0.0098 before any potential recovery.
Trade Signal:
Sell if the price breaks below the support at $0.0098.
Buy if the price moves above $0.0115, confirming a reversal.
Target Levels:
Target 1: $0.0120
Target 2: $0.0130
Target 3: $0.0145
Trade Momentum: Bearish. A potential rebound is expected, but momentum needs to show signs of a reversal.
2. $USUAL
(USUAL)
Current Price: $0.3379
24h Change: -3.13%
Technical Analysis:
Support Level: $0.3250
Resistance Level: $0.3550
Trend: Slightly bearish, but stable within a range. Price may consolidate before deciding on a breakout direction.
Trade Signal:
Sell below $0.3250 if the price breaks down from support.
Buy above $0.3550 for a breakout.
Target Levels:
Target 1: $0.3650
Target 2: $0.3800
Target 3: $0.4000
Trade Momentum: Neutral to Bearish. Watch for a breakout above resistance to confirm further upside.
3. OAX (OAX)
Current Price: $0.0850
24h Change: No percentage provided
Technical Analysis:
Support Level: $0.0800
Resistance Level: $0.0900
Trend: Consolidating within a range, possible breakout or breakdown depending on momentum.
Trade Signal:
Sell below $0.0800, indicating a bearish breakdown.
Buy above $0.0900, signaling a bullish breakout.
Target Levels:
Target 1: $0.0950
Target 2: $0.1050
Target 3: $0.1100
Trade Momentum: Neutral.
