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USUAL Coin Trend Analysis
Candlestick Pattern:
Recently, the K-line has shown a clear upward trend, especially the big bullish candles on December 18 and 19, indicating a bullish market sentiment.
Within the 4-hour period, the price quickly surged from 0.8409 to 1.215, forming a strong upward trend.
Technical Indicators:
MACD: In the 4-hour period, the MACD histogram continues to be positive and gradually increases, with the DIF line crossing above the DEA line, showing a strong bullish signal.
RSI: The current RSI value is 75.247, which is in the overbought zone, but there is still no sign of a correction, and it may continue to maintain its strength.
EMA: The price has broken through and is far above EMA7, EMA30, and EMA120, and the short-term moving averages show a bullish arrangement, supporting the upward trend.
Volume:
During the period from December 18th to 19th, the trading volume increased significantly, especially when the price broke through the key resistance level, indicating that funds actively entered the market.
A significant increase in volume usually indicates that there may be a certain demand for adjustment in the future, but there is currently no apparent selling pressure.
【买卖点位】
Buy Point 1: 1.100 USDT (Reason: near the previous short-term high point, supported by the integer threshold)
Buy Point 2: 1.050 USDT (Reason: Near the support level of EMA30, also a round number)
Long position stop loss: 1.000 USDT (Reason: below the second buying point and below the previous swing low)
Sell Point One: 1.250 USDT (Reason: A whole number resistance above the current price, may form short-term resistance)
Sell Point 2: 1.300 USDT (Reason: Pressure level of integer barrier after further rise)
Short-selling stop-loss point: 1.350 USDT (Reason: Above selling point two, to prevent further rise after breakthrough)
4-hour price trend of USUAL: Rise