$USUAL
USUAL/USDT Technical Analysis ā 23 Dec 2024 šš
š° Current Price: $1.4033 (+39.29%)
š 24H High/Low: $1.4380 / $0.9951
š 24H Volume: 417.63M USUAL ($513.03M USDT)
š Market Overview
USUAL/USDT has surged by +39.29%, making it one of the top gainers today. The price is near the 24h high, indicating strong bullish momentum. Key resistance and support levels, along with indicators like SAR and Bollinger Bands, are crucial for identifying the next move.
šÆ Key Targets
1ļøā£ Target 1: $1.45
Why: The 24h high of $1.4380 serves as the first major resistance. Breaking this level would confirm continued bullish momentum.
š„ Action: Watch for volume spikes and MACD crossovers to validate a breakout above $1.45.
2ļøā£ Target 2: $1.60
Why: A psychological resistance level and Fibonacci extension target. Sustained momentum above $1.45 could push the price toward this zone.
š Action: Look for confirmation via Bollinger Band expansion and EMA alignment.
3ļøā£ Target 3: $1.80
Why: A significant medium-term target representing further bullish extension. Breaking $1.60 could trigger strong momentum-driven buying.
ā” Action: Ensure strong trading volume and bullish MACD trends before targeting $1.80.
š Indicators to Watch
SAR (Stop and Reverse): Current support at $1.2896; staying above this level confirms bullish momentum.
š Bollinger Bands: Price near the upper band suggests potential for further breakout.
š MACD: Bullish crossovers and increasing momentum are critical for upward movement.
šÆ Trading Strategy
1. š Support Levels: $1.30 (SAR) and $0.9951 (24h low) for risk management.
2. š Momentum Play: Enter on a confirmed breakout above $1.45 or after a pullback to $1.30. Set stop-loss below $1.29 to limit risk.
3. šø Profit Booking: Scale out at $1.60 and $1.80 while using a trailing stop-loss to protect gains.
š¹ Maximize your gains and trade confidently on Binance! šš
#BinanceLaunchpoolBIO #USUALonLaunchpool&Pre-Market #CorePCESignalsShift #CorePCESignalsShift