$U is doing exactly what it is designed to do — nothing dramatic.
Price is sitting at 1.0002 and moving in an extremely tight band between 1.0000 and 1.0004. This is classic stablecoin behavior, where the goal is stability, not volatility. The small candles and flat structure confirm there is no real directional battle happening here.
The brief dip to 1.0000 was quickly absorbed, and the market snapped back to the peg zone almost immediately. That tells us liquidity is healthy and the peg mechanism is working as intended.
Key levels are simple:
Lower band: 1.0000
Upper band: 1.0004
Unless something unusual happens in the broader market, $U is expected to keep oscillating quietly inside this narrow range.
In short: no trade setup here just a stable asset doing its job and holding the line.