#USDC /USDT Update | Tight Range, Stable Peg
đ° Price: 1.00019
đ Range (Oct 2 â Oct 6):
đș High: 1.00082
đ» Low: 0.99989
âïž Total range: 0.00093 (~0.093%)
đ Indicators:
MA(7): 1.00012
MA(25): 1.00014
MA(99): 1.00021
Supertrend (10,3): 1.00046, still above price (bearish)
đ 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.
â ïž Not financial advice. DYOR.
#USDC #BinanceSquare #Stablecoins #TechnicalAnalysis
đ° Price: 1.00019
đ Range (Oct 2 â Oct 6):
đș High: 1.00082
đ» Low: 0.99989
âïž Total range: 0.00093 (~0.093%)
đ Indicators:
MA(7): 1.00012
MA(25): 1.00014
MA(99): 1.00021
Supertrend (10,3): 1.00046, still above price (bearish)
đ 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.
â ïž Not financial advice. DYOR.
#USDC #BinanceSquare #Stablecoins #TechnicalAnalysis
