$USUAL /USDT Technical Analysis: Watching for the Breakout!
The USUAL/USDT pair is trading at $1.3563, showing encouraging signs as it approaches key technical levels. Let’s break down the setup:
🔑 Key Levels:
Support: $1.3000 – A strong support level where buyers have consistently entered.
Resistance: $1.3500 – A critical barrier; a break above this could trigger a bullish rally.
⚡ Trend Analysis:
The price is in a narrow consolidation range, indicating that volatility is shrinking, setting the stage for a potential breakout.
The formation of higher lows suggests increasing bullish momentum, with buyers starting to take control.
🎯 Trading Strategy:
Bullish: Watch for a breakout above $1.3500, targeting $1.4000 and $1.4500.
Bearish: Look for a rejection at $1.3500 or a drop below $1.3000, targeting $1.2500.
🚀 Conclusion:
USUAL/USDT is at a pivotal point, with strong breakout potential. Always use tight stop-losses, confirm breakouts with volume, and let the market guide your trades. Stay sharp and trade wisely! 📈