$USUAL /USDT SHOWS STRONG BEARISH MOMENTUM AS PRICE HITS KEY SUPPORT LEVEL
The $USUAL /USDT pair has experienced a sharp decline of -7.26%, dropping from 0.0992 to a low of 0.0920, testing a critical support zone. Selling pressure is evident with the price printing successive lower highs and lows, reflecting bearish dominance. The buy-side interest is weak, with the nearest buy wall at 0.0921, barely above the last traded price.
Key Levels:
Support: 0.0920 (major support), followed by 0.0900 and 0.0880
Resistance: 0.1037 (minor resistance), with heavier sell interest at 0.1060–0.1070
Volume: A sharp sell-off accompanied by decent volume suggests strong conviction behind the move.
Technical Outlook: If USUAL fails to hold the 0.0920 support level, it could swiftly retest the next zones at 0.0900 and 0.0880. On the upside, a bounce must clear 0.0980 and close above 0.1037 to shift short-term sentiment. However, current indicators favor further downside or consolidation unless a reversal pattern forms.
Market Sentiment: Bearish
Strategy: Watch for breakdown confirmation below 0.0920 for short entries. Bullish traders should wait for a reclaim above 0.1000 with volume.
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