$USUAL : Top Forming? Prepare for a Big Short!๐ป
On the 4H timeframe, $USUAL (RWA) is currently trading at 0.1495 USDT, down by -2.67%. The 24h high is 0.1586 USDT and the 24h low is 0.1422 USDT, with a significant 24h volume of 82.41M USUAL and 12.26M USDT. After a recent upward move, the price is showing signs of rejection near the 24h high and increasing bearish momentum on this timeframe.
Potential Entry Zone for Short: 0.1490 - 0.1500 USDT (Consider entering within this range if bearish momentum confirms)
Potential Short Targets:
๐ฏ First Target: 0.1450 (Near-term support)
๐ฏ Second Target: 0.1400
๐ฏ Ultimate Target: 0.1300
Potential Stop Loss:
๐ก๏ธ 0.1520 USDT (Consider as a stop loss level above the recent local high and potential resistance)
Trade and buy here on $USUAL