$USUAL is trading at $0.01172, down 0.85% and hovering near the middle of its 24h range between $0.01072 and $0.01423. The price has been rejected from the highs, and resistance at $0.01234 and $0.01341 is now overhead. Support sits at $0.01127, with a breakdown level at $0.01020.
Volume is collapsing. The latest bar shows only 2.33M USUAL traded, far below MA(5) at 6.57M and MA(10) at 21.9M. This steep decline in activity indicates a significant loss of momentum after the recent rally. The 24h volume of 343.86M USUAL suggests heavy interest earlier, but the dropoff is notable.
If USUAL fails to hold above $0.01172, a retest of $0.01127 or even $0.01020 is likely. The bearish structure is forming as price struggles to maintain levels above the moving averages. Volume needs to pick back above 5M on the 1H chart to signal any potential reversal.
This is a weak setup right now. Avoid buying into the dip until volume confirms a bounce. Tight stops are essential if you're already in a position—the trend is favoring downside for now.
$USUAL #usual
#SandboxSANDSuspectedInfiniteMintFlawOnBase #GrayscaleFilesFifthZECETFAmendment
Volume is collapsing. The latest bar shows only 2.33M USUAL traded, far below MA(5) at 6.57M and MA(10) at 21.9M. This steep decline in activity indicates a significant loss of momentum after the recent rally. The 24h volume of 343.86M USUAL suggests heavy interest earlier, but the dropoff is notable.
If USUAL fails to hold above $0.01172, a retest of $0.01127 or even $0.01020 is likely. The bearish structure is forming as price struggles to maintain levels above the moving averages. Volume needs to pick back above 5M on the 1H chart to signal any potential reversal.
This is a weak setup right now. Avoid buying into the dip until volume confirms a bounce. Tight stops are essential if you're already in a position—the trend is favoring downside for now.
$USUAL #usual
#SandboxSANDSuspectedInfiniteMintFlawOnBase #GrayscaleFilesFifthZECETFAmendment