Performance Summary
Aperture: 0.3677
Maximum: 0.3936
Minimum: 0.3504
Closing: 0.3760
Daily Change: +0.0083 (+2.26%)
Volume Total: 67,4M USUAL
24h variation: -0.0080 (-2.08%)
Technical Indicators
1 Hour Analysis
MACD(12,26,9): MACD Line -0.0037 | Signal -0.0009 | Histogram +0.0029
Stoch RSI (14,14,3,3): K 91.73 | D 92.77 (Overbought Zone)
RSI:
RSI 6: 61,91
RSI 12: 55,02
RSI 24: 49,54
Moving Averages:
MA 7: 0.3692
MA 25: 0.3658
MA 99: 0.3846
4 Hour Analysis
MACD(12,26,9): MACD Line -0.0378 | Signal 0.0309 | Histogram +0.0069
Stoch RSI (14,14,3,3): K 82.62 | D 978.30 (Strong Overbought)
RSI:
RSI 6: 55,94
RSI 12: 46,3
RSI 24: 40,25
Moving Averages:
MA 7: 0.3685
MA 25: 0.3850
MA 99: 0.5473
Important Technical Levels
Major Resistance: 0.3936 (recent high)
Major Support: 0.3504 (recent low)
Traditional Pivot Point: 0.3700
Impact of Recent News
Revenue Switch and Changes to the USUAL Protocol
USUAL’s introduction of the Revenue Switch, which distributes 100% of the protocol’s revenue to USUALx stakers, has brought optimism to the market. However, updates to the USD0 stablecoin’s redemption function have raised concerns about decentralization and concentration of control. Despite this, the Revenue Switch aims to increase the token’s utility and ensure long-term sustainability.
Positive Points:
Estimated revenue of US$5 million/month for stakers.
Attractive annual yield (275%, including rewards in USD0 and USUAL).
Negative Points:
Temporary suspension of redemptions in volatility scenarios.
Concerns about the impact on liquidity and investor confidence.
Volatility in USD0++
The USD0++ protocol update has sparked distrust in the community. The token, designed to be collateralized by real assets, has experienced stability issues, affecting platforms such as Curve Finance and Pendle. Usual’s DAO has promised to cover potential debts to minimize negative impacts.
Strategy for Traders
Buy/Sell Recommendations
Buy: If the price approaches the support at 0.3504, watch for reversals with RSI above 40 and Stoch RSI exiting overbought.
Sell: Consider taking profits upon reaching 0.3936, especially if indicators point to overbought.
Stop-Loss
Position below support at 0.3480 to mitigate risks.
Complementary Strategy
Monitor Usual DAO's decisions on redemptions and monitor market reactions to the Revenue Switch.
Observe upward movements in volume, which may indicate positive reactions to improvements in the protocol.
Conclusion
USUAL/USDT presents specific trading opportunities, especially during times of news-induced volatility and protocol updates. The Revenue Switch adds value to the token, but regulatory and decentralization concerns should be monitored. Traders should operate cautiously and maintain a clear strategy to protect their investments in a still uncertain scenario.