$USDC is currently trading at 0.9996 USDT, testing its resistance level.
With a support level just below at 0.9993 USDT, the market is in a ranging structure.
The RSI indicates bullish momentum at 60, hinting at potential upward movement.
Traders may consider a breakout strategy if price exceeds 0.9996 USDT sustainably.
Be aware of risks; fluctuations in Bitcoin's value and wider macroeconomic factors could impact USDC stability.
