$USDC /USDT is another stablecoin vs stablecoin pair, so the game here is tight spreads and mean reversion, not trends. Price at 1.0018 is slightly above the peg and sitting just under MA60 (1.0019), which shows price is hovering around short-term fair value. The 24h range 1.0009 – 1.0024 shows a narrow upward bias today, with buyers comfortable paying a small premium for USDC. Volume is strong (over 2B), meaning liquidity is deep — good for quick entries/exits with minimal slippage. Since MA5 < MA10 in volume terms, momentum is cooling after a small push up, suggesting price may rotate back toward the mid-range before another test of highs. Structure favors range scalping between 1.0010 support and 1.0024 resistance, unless a premium expansion occurs.
Entry Point: 1.0010 – 1.0013 (buy near intraday support zone)
Stop Loss: 1.0006 (below range floor; signals premium collapse)
Exit Point (TP1): 1.0019
Exit Point (TP2): 1.0023 – 1.0025
⚠️ If price holds above 1.0026, premium expansion → wait for new range.
⚠️ If it drops under 1.0006 with volume, avoid longs — peg reversion underway.