$USDC
quick deal
is trading near $5.00, after dipping to a low of $4.982 and quickly recovering. With solid Layer 1 fundamentals and stabilization above key support, the setup favors a short-term bounce opportunity.
🔑 KEY LEVELS:
Support: $4.95
Resistance: $5.17 (24h High)
Current Price: $5.008
🟢 LONG TRADE SETUP
Entry Zone: $4.98 – $5.02
Targets:
🎯 Target 1: $5.10
🎯 Target 2: $5.18
🎯 Target 3: $5.30
Stop Loss: $4.88
📊 Volume Check: Strong interest with 24h volume of 1.16M USDC backing the range.
💡 Watch: A break and hold above $5.17 can confirm continuation toward $5.30 and beyond. Maintain tight risk below $4.95 to manage downside.