$USDC
Trade Plan for USDC/USDT 📈
Market Overview (From Screenshot):
Current Price: 0.9999 USDT
24h Change: 0.0000% (stable, as expected for a stablecoin pair)
24h High/Low: 1.0001 / 0.9997
24h Volume (USDC/USDT): 1,001,695,200 USDC / 1,001,573,713 USDT
Chart Indicators:
The chart shows a 1-hour timeframe with price hovering around 0.9998–0.9999.
Moving Averages (MA7, MA25, MA99) are flat, indicating low volatility.
Volume bars show consistent but moderate activity (3.77M USDC over the last period).
Order Book: Balanced liquidity with 20.30M USDC on both buy and sell sides at 0.9999.
Market Depth: Tight spread (0.9998–0.9999), reflecting high liquidity.
Trade Plan:
Since USDC/USDT is a stablecoin pair with minimal volatility, this trade plan will focus on a scalping strategy to capitalize on small price movements within the tight range, which is common for such pairs.
✅ Entry Zone: Buy within 0.9998 – 0.9999, near the current support level and MA7/MA25 confluence (both around 0.9999).
⛔ Stop Loss: Set at 0.9996 (below the 24h low of 0.9997 and recent swing low on the chart).
🎯 Profit Targets:
Target 1: 1.0000 📍 (Move stop to breakeven)
Target 2: 1.0001 🎯 (Matches 24h high)
Target 3: 1.0002 🚀 (Extended target for breakout)
📊 Risk/Reward Ratio: 2:1+ ⚖ (Conservative exit at 1:1 if momentum stalls due to low volatility).