$USDC Technical & Market Signals
•Stable peg: Trading is almost exactly at $1.00, typical behavior for a well‑backed stablecoin.
•Neutral momentum: Indicators show support/resistance levels clustered tightly around $0.9996–$1.0000, with RSI (~46.7) suggesting neither bullish nor bearish bias
🔍 What This Indicates
•High peg stability: USDC continues to serve as a reliable digital dollar alternative.
•Investor confidence: Lack of depegging signals indicates strong faith in USDC’s reserves and redemption systems.