$USDC
Strategic report for trading USDC against USDT
- The current price is 0.9994, with a slight increase of +0.02%.
- The recent price range is between 0.9991 and 0.9995.
- The trading volume for USDT is 843.92 million, and for USDC is 844.49 million, indicating high liquidity and strong trading activity.
- The price is close to the level of 1.0000, which is considered an important psychological level.
- There is resistance at 1.0005 and support at 0.9991
- The pair is trading in a narrow range, which may indicate a consolidation period before a significant move.
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Targets:
1. Buy
- Entry at 0.9995 (close to the current price).
- First target: 1.0005 (near resistance).
- Second target: 1.0010 (higher resistance).
- Stop loss: 0.9990 (below near support).
2. Sell
- Entry at 0.9990 if the price breaks the support.
- First target: 0.9985
- Second target: 0.9980
- Stop loss: 0.9995 (above near resistance).
Strategic Plan:
1. Day trading
- Take advantage of small fluctuations between 0.9991 and 1.0005
- Use Limit orders to enter and exit quickly.
2. Swing trading
- Wait for a clear break of the level 1.0005 or 0.9991 to open a medium-term position.
- Increase position size if the trend is confirmed.
3. Risk management
- Do not risk more than 1-2% of capital on a single trade.