$USDC
USDCUSDT
Trvl
1.00079
-0.00%
Long Trade Setup:
– Price is at 1.00006, staying tightly pegged around 1.00 as usual for this stablecoin pair.
– It touched a high of 1.0007 and a low of 1.0000 in the last 24 hours, moving in a very narrow range.
– Key level to hold is around 1.0000, the round number and recent low.
– A move above 1.0007 would just target minor highs again, nothing meaningful.
Risk Note:
– If it breaks and closes convincingly below 1.0000, that could signal a depeg and open slight downside.
Next Move:
– Watching for any small break from this flat range.
– Mostly monitoring for stability, any volume spike on a deviation would be the key thing.