Here’s a sharp technical breakdown for $USTC /USDT on the 1D timeframe:

📍 Current Price: $0.01355

📈 Daily Change: +7.80% 🚀

🧭 Breakout Alert: Bullish engulfing candle through major resistance

📊 Moving Averages:

MA 7: $0.01239 ✅

MA 25: $0.01230 ✅

MA 99: $0.01243 ✅

All MAs reclaimed decisively — this is a classic multi-MA breakout scenario.

🔥 What’s Happening?

After a prolonged sideways consolidation between $0.0110–$0.0125, price exploded out with high momentum.

The current daily candle is a full-bodied bullish engulfing bar — piercing above both horizontal resistance and long-term trend lines.

This is the first clean close above the MA99 since late 2023 — a massive shift in sentiment.

📌 Key Levels:

Immediate Resistance:

$0.01470 (Feb highs)

$0.01560 (psych level + last major lower high)

$0.01800 (big rejection wick in March)

Support:

$0.01250–$0.01280 (former resistance flipped support)

$0.01180 (bullish structure invalidation zone)

🧠 Outlook:

Momentum has shifted bullish — breakout from accumulation range is confirmed.

This could evolve into a swing rally targeting $0.016+ in the short term.

Volume confirmation would seal the deal — but structure alone is strong here.

✅ Bias: Bullish

🎯 Target Zones: $0.0155 → $0.0178 → $0.0195

📉 Risk Trigger: Close below $0.0124 would nullify the breakout strength

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!