#USDC /USDT Update | Tight Range, Stable Peg
💰 Price: 1.00019
📉 Range (Oct 2 – Oct 6):
🔺 High: 1.00082
🔻 Low: 0.99989
↔️ Total range: 0.00093 (~0.093%)
📈 Indicators:
MA(7): 1.00012
MA(25): 1.00014
MA(99): 1.00021
Supertrend (10,3): 1.00046, still above price (bearish)
🔎 Take: USDC is holding just above the short MAs and testing MA(99) near 1.00021. After the dip to 0.99989, buyers stepped back in. A close above 1.00021 could open a move toward 1.00046, while a drop below 1.00012 puts 0.99989 back in play. The range is very tight, so expect small moves.
⚠️ Not financial advice. DYOR.
#USDC #BinanceSquare #Stablecoins #TechnicalAnalysis
💰 Price: 1.00019
📉 Range (Oct 2 – Oct 6):
🔺 High: 1.00082
🔻 Low: 0.99989
↔️ Total range: 0.00093 (~0.093%)
📈 Indicators:
MA(7): 1.00012
MA(25): 1.00014
MA(99): 1.00021
Supertrend (10,3): 1.00046, still above price (bearish)
🔎 Take: USDC is holding just above the short MAs and testing MA(99) near 1.00021. After the dip to 0.99989, buyers stepped back in. A close above 1.00021 could open a move toward 1.00046, while a drop below 1.00012 puts 0.99989 back in play. The range is very tight, so expect small moves.
⚠️ Not financial advice. DYOR.
#USDC #BinanceSquare #Stablecoins #TechnicalAnalysis
