#Usual Analysis

1. Oversold Conditions Could Trigger a Bounce:

RSI (22.67): This is deep in the oversold zone, historically a level where buyers step in to push prices higher. A short-term bounce to the $0.60–$0.70 range is possible if volume increases.

Stochastic Oscillator: Also in oversold territory, suggesting the selling pressure might be nearing exhaustion.

2. Support Levels Hold:

The coin appears to be finding support near $0.50, a key psychological level. If this support holds and buyers return, the price could rally toward the next resistance zones at $0.60 or $0.75.

3. Moving Averages Converging:

While the price is currently below major moving averages, the 7-day MA is getting closer to flattening. If the price breaks above the 25-day MA (currently around $0.54), it could signal a reversal and attract momentum traders.

4. Potential for News or Development Catalysts:

Many coins experience sharp recoveries when projects announce updates like partnerships, platform upgrades, or ecosystem developments. If the USUAL project has any such events lined up, they could spark renewed interest and buying activity.

5. Market Recovery:

Broader market sentiment plays a big role in altcoin performance. If Bitcoin and Ethereum begin a new bullish cycle, it could drag altcoins like USUAL along, leading to a rally as investors diversify.

Bullish Targets:

Short-Term: $0.60 (recent high)

Mid-Term: $0.75 (key resistance level from earlier breakdown)

Long-Term: $1.00 (psychological barrier, aligning with Fibonacci retrace mention levels)

Conditions for a Bullish Trend:

Volume Surge: Look for a spike in daily trading volume, which indicates renewed buyer interest.

Breakout Above $0.60: This would confirm a reversal and attract technical traders.