#MarketRebound
The 1-day chart for $USUAL shows strong bullish momentum, with the token hitting a recent high of $1.635. Here are the key takeaways:
Price Action: USUAL has surged, breaking through key resistance levels to trade at $1.4378 on its latest close.
Moving Averages (MA):
The 7-day MA is at $0.9899, indicating strong short-term bullish momentum.
The 25-day MA is lagging at $0.6049, reflecting a significant gap and suggesting the rally may be too long in the short term.
Volume: Volume peaked at 290.914 million, indicating increased trading activity and significant market interest.
Relative Strength Index (RSI): The RSI is at 89.21, entering overbought territory, which could indicate a potential pullback or consolidation in the near term.
