Usual Coin (USUAL/USDT) remains bearish:
Moving Averages (MA):
The MA(7) (yellow) is below the MA(25) (pink) and the MA(99) (purple). This is a bearish signal, as it shows that the recent price is below longer-term trends.
The MA(99) continues to slope downward, reinforcing the bearish trend in a longer timeframe.
Recent Performance:
The price has decreased by 39.60% in 7 days and 74.98% in 30 days, indicating strong selling pressure in recent weeks.
Volume:
The volume does not show significant increases that could support a recovery. This suggests that there is not enough buying interest at this time.
Support and Resistance:
The most recent support is around $0.3121, where the price seems to have slightly rebounded.
However, there are no clear signs that it will break important resistances like the MA(25) or levels close to $0.33-$0.34.
Conclusion:
Yes, Usual Coin remains in a bearish trend, both in the short and medium term, according to current data. To confirm a trend change, we would need to see:
An increase in buying volume.
The crossing of the MA(7) and MA(25) above the MA(99).
The break of key resistances.
If you plan to trade this coin, it would be important to pay attention to these signals or use more detailed technical analysis (like RSI or MACD) to identify potential entry or exit opportunities.
