If USUAL is supposed to be a Stablecoin, wouldn't it be adjusting to stay at $1 permanently?
Analytical Dog
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$USUAL USUAL/USDT Pair Analysis
1. Current Context:
- Current price: 1.0384 USDT 📉 - Change in the last 24h: -2.51% 🔻
- Maximum and minimum in the 24h: 1.1412 and 1.0238 USDT - Volume in the last 24h:
- USUAL: 100.47M - USDT: 108.63M
2. Technical Indicators:
- Bollinger Bands (20.2):
- Upper limit (UP): 1.2773 - Average (MB): 1.1299 - Lower limit (DN): 0.9825 - The current price is close to the lower band, suggesting a possible oversold zone ⚠️.
- Fibonacci: - Main support and resistance levels: - Support at 0.786 (1.0800 USDT) - Resistance at 0.618 (1.1856 USDT)
- MACD: - DIF: -0.0503 - DEA: -0.0422 - MACD: -0.0081 - Signaling a bearish trend, but without significant divergences 🔻.
3. Volume: - The 4h volume was 3.09M, indicating a slight increase in liquidity 📊, but still without strength for a major upward movement.
4. Expected market behavior: - Whales: They are likely to take advantage of the current price region to accumulate positions 🐋, especially near the 0.786 Fibonacci support. If the price drops further, they may make aggressive purchases to recover liquidity. - Smaller traders: Many may sell for fear of further drops 😟, fueling volatility in the short term. - Market impact: If whales intervene, the price could return to the average of 1.1856 (0.618 Fibonacci). If the volume remains low, the pair could move sideways in the support range.
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