Quick Technical Analysis:$USD1

1. Current Price:

Current Price: 1.0001 USDT

Change Over 24 Hours: +0.01%

Highest Price Over 24 Hours: 1.0300

Lowest Price Over 24 Hours: 0.9995

2. Volume:

Trading Volume Over 24 Hours: 16.76 million units, which is a relatively large number indicating notable movement.

3. Technical Indicators:

Yellow Line: MA(5) = 23.745

Purple Line: MA(10) = 18.605

Gray Line: MA(60) = 0.9999 (very close to the current price, which is expected in stablecoins)

4. Price Behavior:

There is a "ladder" pattern in the price candles, and it seems that the price is moving within a narrow range with momentary jumps.

Price stability around 1.0000 indicates that this currency is stable and pegged to the value of the dollar.