$USUAL
⚠️📉 There’s a Double Top at Chart – USUAL Might Face Rejection! 📉⚠️
USUAL is forming a classic double top pattern on the charts — a well-known bearish signal that often precedes trend reversals 📊🔻. After testing the same resistance level twice and failing to break above, traders are growing cautious 🧠.
📈 The price action shows two strong peaks near identical levels, followed by a drop and low momentum bounce. This “M-shaped” formation is typically a warning sign for potential downside pressure ahead 💣.
💼 Despite decent volume during the rallies, the failure to make a higher high suggests buying strength is weakening. Momentum indicators like RSI are beginning to dip 📉, and MACD is losing steam — a hint that bears might be taking control 🐻⚠️.
🐋 Some whale wallets have started reducing exposure, and on-chain data shows a slow trickle of sell-side volume 📤. Though not a panic signal yet, it’s enough to suggest profit-taking has begun 💰.
🔥 However, if buyers can defend the neckline and reclaim momentum quickly, the setup might flip. But until then, caution is key 🛑.
🎯 Traders should stay alert: breaking below the neckline with volume could confirm the double top and trigger a deeper correction.
USUAL’s double top is in play — stay sharp, follow the volume, and don’t ignore the signs. Risk management is everything!
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