USUAL/USDT Technical Analysis – 02/01/2025
The USUAL/USDT pair is up +5.68% on the day, with the current price at 1.0105 USDT, suggesting a recovery movement in the short term. Below are the key points of the technical analysis:
Technical Indicators
Moving Averages (MA):
MA7 (short): 0.9668 → Indicates recent uptrend.
MA25 (mean): 0.9786 → Positive cross of MA7.
MA99 (long): 1.1233 → Price is still below, which suggests medium-term resistance.
Volume:
The 24h volume is significant (135.14M USUAL), demonstrating high liquidity and investor interest.
Supports and Resistances
Resistance: 1.0712 (maximum of the last 24h).
Support: 0.9056 (24h low).
Short Term Trend
With the recent recovery, a break above the 1.0712 resistance could take the price to new highs.
If the 0.9056 support is lost, the price may seek lower levels, requiring caution.
Strategic Recommendations
1. Buy: If price breaks the resistance of 1.0712 with increasing volume.
2. Sell/Stop: If the price loses the support of 0.9056.
3. Profit Target: 1.1200 (short term) and 1.2000 (medium term).