$USDC
š§ Technical & Market Signals
ā¢Stable peg: Trading is almost exactly at $1.00, typical behavior for a wellābacked stablecoin.
ā¢Neutral momentum: Indicators show support/resistance levels clustered tightly around $0.9996ā$1.0000, with RSI (~46.7) suggesting neither bullish nor bearish bias
š What This Indicates
ā¢High peg stability: USDC continues to serve as a reliable digital dollar alternative.
ā¢Investor confidence: Lack of depegging signals indicates strong faith in USDCās reserves and redemption systems.
ā¢Tech setup: The tight range reflects low upward/downside pressureāUSDC isnāt a tradeable asset for gains.