1.00 $USDC đą
Price is pinned, but the tape is not dead.
24h volume at $1.43B with only +0.01% on the day tells you itâs being absorbed, not chased. RSI on the 4h sitting at 57, price above the 20d and 50d MA, thatâs a clean bullish stack while the 4h move stays flat. đ
Shorts are still paying at -0.004%.
Thatâs usually not a healthy place to be leaning against a coin holding the top of its range. Circle keeps this thing stupidly tight, and right now it looks like calm strength, not boredom. đ§
#USDC
#Binance
Price is pinned, but the tape is not dead.
24h volume at $1.43B with only +0.01% on the day tells you itâs being absorbed, not chased. RSI on the 4h sitting at 57, price above the 20d and 50d MA, thatâs a clean bullish stack while the 4h move stays flat. đ
Shorts are still paying at -0.004%.
Thatâs usually not a healthy place to be leaning against a coin holding the top of its range. Circle keeps this thing stupidly tight, and right now it looks like calm strength, not boredom. đ§
#USDC
#Binance