$USUAL /USDT Pair Analysis on Binance 📉
Current Price: $1.0716 (-2.87% in the last 24h)
High/Last 24h: $1.1090 | Low: $1.0238
🔍 Recent Trend:
After a significant rally at the beginning of the month, the price has undergone a correction. The drop in trading volume suggests that buying pressure has eased and the market is in consolidation.
💡 What’s Going On?
Price correction is common after a spike. The -2.87% drop may indicate a temporary bearish trend, but the support at $1.0238 will be crucial. If this level holds, we could see a recovery.
🔮 Projections:
Short Term: If the support at $1.0238 holds, we could see the price recover to $1.10. Otherwise, the asset could drop to $0.94.
Long Term: The return of volume and a possible recovery in the crypto market could push the price to $1.20 or higher. But a continued loss of interest could push the price below $1.00.
⚠️ External Factors:
News about the project and the behavior of the crypto market could change the price trajectory.
Conclusion: The trend is corrective, but support and volume need to be monitored. Assess the risks before deciding to enter.
