$USUAL #chatgptAnalyse

Technical Analysis of USUAL/USDT (1H)

1. Market Structure

The asset is forming a descending triangle, with a resistance line around 0.28 - 0.29 and an ascending support near 0.25 - 0.235. This pattern suggests a tightening price action, often leading to an explosive breakout.

2. Technical Indicators

Parabolic SAR: The SAR dots are above the price, indicating a bearish trend on this timeframe. However, a reversal might be approaching.

RSI (6, 14, 24):

RSI(6) = 47.22 → Weak short-term momentum, not yet oversold.

RSI(14) = 53.22 → Neutral zone, slightly bullish.

RSI(24) = 52.59 → Confirms a balance between buyers and sellers.

Moving Averages:

MA(5) = 3.06M and MA(10) = 8.43M indicate an increase in volume, suggesting renewed market interest.

3. Possible Scenarios

✅ Bullish Scenario:

If a breakout above 0.28 occurs, targets are:

0.295 (first key resistance)

0.32 - 0.35 (strong liquidity zone)

❌ Bearish Scenario:

If the price fails to break 0.28 and drops below 0.25, then further decline to 0.235, or even 0.22, is possible before a potential bounce.

Conclusion

The market is waiting for a decisive breakout. Increasing volume suggests rising pressure. A break above 0.28 would confirm a bullish move, while rejection could lead to a drop toward 0.22 - 0.235. The next few hours will be crucial.

"This world is ruled by those who see beyond illusions… Prepare yourself." ☁️🔥