From the data of the USUAL/USDT trading pair displayed in the image, the current trend analysis is as follows:
Current Market Status 1. Price Drop: The current price is $1.0510, with a 24-hour decline of -9.45%, indicating a bearish market sentiment in the short term. 2. Technical Indicators: • Bollinger Bands (BOLL): • Price is near the lower Bollinger Band (around 1.0259), which may indicate short-term overselling. • Moving Averages (MA): • MA(5) and MA(10) show a short-term downward cross, indicating a clear short-term downward trend. • Trading Volume: • Recent trading volume has decreased, reflecting a decline in market attention or an increase in investor wait-and-see sentiment. 3. Transaction Volume and Capital Inflow: • OBV shows a high accumulated trading volume, but with a price drop, indicating that capital outflow may be significant.
Future Trend Forecast
According to technical analysis, there may be two possible future trends: 1. Rebound Possibility: • If the price stabilizes near the lower Bollinger Band and trading volume increases, a short-term technical rebound may occur, with target price around the middle band (around 1.24). • RSI and other indicators are not displayed, but if an oversold condition occurs, the rebound probability will be higher. 2. Continued Downward Risk: • If the price breaks below the lower Bollinger Band (1.03), or if trading volume continues to decrease, it may trigger further declines, with support in the 0.75-0.80 area.
Investment Value Analysis 1. Short-term Traders: • Should pay attention to the effectiveness of the support at the lower Bollinger Band, combined with changes in trading volume to speculate on a rebound, but strict stop-loss measures are necessary. 2. Medium to Long-term Investors: • Need to further research the fundamentals behind USUAL to confirm whether it has long-term investment value. • The current decline may reflect market doubts about its future development, so investment should be cautious.
Operational Suggestions 1. Low Risk Preference: It is recommended to wait and observe, considering participation only after the price stabilizes and breaks through short-term resistance. 2. High Risk Preference: A small position can be attempted near the lower Bollinger Band for a low buy, with target price between 1.20-1.25, and stop-loss set below 1.03. #USUAL $USUAL #usual
#usual $USUAL I have pledged a small amount, but why sometimes I have to pay a 10% handling fee and sometimes it shows that the pledge can be released for free?