Current Price Action: The USUAL/USDT pair is trading at $1.0980, showing a significant 14.36% decline in the last 24 hours. The market structure is consolidating near the $1.09 support level after a sharp correction from the recent high of $1.2969.
Key Levels to Watch: • Long Entry: Consider entering a long position if the price breaks above $1.15, confirming a reversal towards the $1.20 resistance level. • Short Entry: A short position is viable if the price breaks below the critical support at $1.05, aiming for a potential drop to $0.95.
Market Outlook: The next move will depend on whether the bulls can reclaim the $1.15 zone. A breakout above this level could signal renewed bullish momentum, targeting $1.25 as the next significant resistance. Conversely, failure to hold above $1.05 might invite further selling pressure, pushing the price to test deeper supports near $0.90.
Recommendation: • Short-Term Traders: Watch for a decisive break of key levels and manage risk with stop losses. • Long-Term Investors: Accumulation near $1.05–$0.95 could offer a favorable risk-reward entry point.
Stay alert for high volatility as the price approaches critical zones.
Alert to delete the currencies and advertisers from the Binance platform
please note: Trading pairs that will be specifically removed: AKRO/USDT, BLZ/BTC, BLZ/USDT, WRX/USDT All trading orders will be automatically removed after trading is stopped on each of the trading pairs involved. The token value will not be displayed in your wallet after removal. To view your assets after trading is suspended, please ensure that the option "Hide small balances" is not selected in all your wallets.