🚀🚀🚀🚀$USUAL /USDT Technical Analysis & Trade Signal🔥🔥🔥
Current Price: $1.0176
24h High: $1.2160
24h Low: $1.0054
Binance Sell Avg. Price: $1.0864
Price Change (24h): -8.54%
Technical Analysis:
Support Levels:
First Support: $1.0054 (24h Low)
Second Support: $0.9900
Third Support: $0.9750
Resistance Levels:
First Resistance: $1.0864 (Sell Avg. Price)
Second Resistance: $1.1500
Third Resistance: $1.2000
RSI (Relative Strength Index): 30 (indicating oversold conditions, which might suggest a reversal soon)
MACD (Moving Average Convergence Divergence): The MACD line is currently below the signal line, indicating bearish momentum.
Trend: Bearish in the short term, but potential for reversal as price nears support levels.
Trade Signal:
Recommendation:
Buy Entry: $1.0100 - $1.0200
Target Levels (Take Profit):
First Target: $1.0860 (Near Sell Avg. Price)
Second Target: $1.1500
Third Target: $1.2000
Stop Loss: Set at $0.9900 to manage risk if the price breaks below support.
Trade Momentum:
The current momentum is bearish, but the oversold conditions suggest that a potential reversal could occur. Watch for price action around the support levels—if price holds above $1.0054, a bounce back to resistance levels is possible.
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