I'm looking at $USDC /USDT, and what stands out is the sharp recovery after a brief drop toward 1.00122. Buyers have stepped back in quickly, but price is now sitting right around the MA60, so I want to see whether this recovery can hold.

📊 Market Observation

USDC is currently trading at 1.00124, with the MA60 also showing 1.00124. The chart shows a relatively tight range, with price holding near 1.00125 before dropping toward 1.00122 and quickly bouncing back.

Key levels I'm watching:

* Immediate resistance: 1.00125

* Current price: 1.00124

* MA60: 1.00124

* Immediate support: 1.00122

* 24h High: 1.00200

* 24h Low: 1.00122

Bullish scenario: I'd like to see price hold above 1.00124 and establish itself above 1.00125. That would provide a small sign of short-term strength.

⚠️ Trade Idea:

* 📍 Entry: No reliable entry confirmed.

* 🎯 TP1: 1.00125 (visible resistance)

* 🎯 TP2: 1.00200 (24h high, not a confirmed target)

* 🎯 TP3: Not justified.

* 🛑 Invalidation: Below 1.00122.

If price loses 1.00122, I'd step away from the bullish idea because the recent recovery would be weakened.

My take: I'm staying patient here. The range is extremely tight, and there's no strong directional setup yet.