$USUAL Breakout: Is the Rally Sustainable? ๐Ÿš€๐Ÿ“ˆ

USUAL has surged +28.39% in the past 24 hours, currently trading at $0.3772, after hitting a high of $0.383. The bullish momentum has pushed the price into overbought territory, but is there room for further upside?

Technical Insights:

๐Ÿ“Š RSI (6): 59.41 โ€“ Nearing overbought, indicating bullish strength but potential cooling off.

๐Ÿ“Š MACD: 0.0003 โ€“ Positive momentum continues, but a slowdown could be imminent.

๐Ÿ“Š Bollinger Bands: Price is consolidating near the upper band, suggesting a possible breakout or retracement.

Next Price Targets:

๐Ÿ”ผ Bullish Scenario: If USUAL maintains momentum above $0.383, the next resistance is at $0.40.

๐Ÿ”ฝ Bearish Scenario: If the rally loses strength, support sits around $0.347 before a deeper correction.

Final Take:

USUAL is in a strong uptrend, but traders should watch for a potential pullback before the next leg up. A break above $0.383 could trigger more upside, while failure to hold could lead to consolidation. ๐Ÿ“Š๐Ÿ”ฅ

Are you bullish or bearish on USUAL? Letโ€™s discuss in the comments! ๐Ÿ‘‡๐Ÿ’ฌ