Binance Analysis: $USUAL /USDT
Current Price: $1.3051
Timeframe: 30 minutes
Technical Analysis:
$USUAL is currently trading at $1.3051 after a significant rally of over 20% in 24 hours. Price action indicates potential targets for both short-term and medium-term traders.
1. Target 1: $1.3500 (Immediate resistance)
A breakout above $1.3200 with sustained volume can push USUAL to test this resistance.
Traders can watch for rejection or consolidation near this level.
2. Target 2: $1.4000 (Medium-term resistance)
Strong bullish sentiment and increasing buyer activity could propel USUAL toward this psychological level.
Monitor momentum indicators like RSI and MACD to avoid overbought conditions.
3. Target 3: $1.4500 (Extended bullish target)
A sustained rally with positive sentiment across the market can lead USUAL to test this high.
Secure profits in increments as it nears this extended target to minimize risk.
Action Plan:
Long Entries: Above $1.3200 with a stop-loss at $1.2700.
Secure Profits: Take partial profits at $1.3500 and $1.4000, then adjust stop-loss to breakeven.
Risk Management: If the price falls below $1.2700, it may retest the $1.2000 support level.
#CryptoTrading #TradingSignals #BinanceAnalysis #USUAL #CryptoMomentum