$USUAL #chatgptAnalyse

The price for USUAL/USDT seems to continue consolidating within a triangle pattern. This reflects indecision in the market, where a breakout in either direction will dictate the next trend. Here's the updated analysis:

Key Observations:

Price:

Current price is $0.2632, showing a slight increase of +3.38%.

Resistance Levels:

$0.2804: A strong resistance based on previous peaks.

$0.2919: Critical level if the upward trend resumes.

Support Levels:

$0.2546: Short-term support close to the 24h low.

$0.2240: Key support level marked by the lower trendline.

Indicators:

RSI (6): 30.43, indicating oversold conditions in the short term, which may lead to a potential rebound.

SAR: Resistance currently positioned at $0.2802, confirming selling pressure above the current level.

Volume: Slightly increased, but not enough to suggest a strong breakout is imminent.

Potential Scenarios:

Bullish Breakout:

A close above $0.2804 with volume would indicate a breakout, targeting $0.2919 or higher.

Bearish Breakdown:

If the price falls below $0.2546, it could signal further declines towards $0.2400 or even $0.2240.

Madara's Strategic Wisdom:

"Victory belongs to those who observe and strike at the right moment. Patience is the key to dominating the battlefield."

Monitor the breakout closely before taking any decisive action!