$USDC USDC/USDT is a stablecoin pair, which means its price generally hovers around 1.0000 since both assets are pegged to the US dollar. However, small fluctuations can occur due to liquidity, market demand, and arbitrage opportunities.
Support levels often form near 0.9990 or lower when selling pressure increases, while resistance levels appear around 1.0010 or higher when buying pressure grows. These levels can change depending on the exchange's liquidity, trading volume, and market sentiment.
Key support zones emerge when USDC or USDT experience temporary decoupling due to regulatory news or large redemptions. Resistance levels may appear when traders look for arbitrage opportunities.