$USTC/USDT – BEARISH PRESSURE BUILDS AS BULLS STRUGGLE TO HOLD SUPPORT
Market Next Move:
$USTC/USDT is currently showing signs of bearish momentum, trading at $0.01227, down -2.31% on the day. Price is struggling below the 7-day MA (0.01242) and the more critical 99-day MA (0.01256), suggesting downward pressure. The recent bounce from the 24h low at $0.01171 failed to break above the 24h high at $0.01313, pointing to weak buying strength.
Trade Setup:
🔻 Short Entry: 0.01230 – 0.01240
🎯 Targets (TP): 0.01190 / 0.01150
🛑 Stop Loss (SL): 0.01265
Market Outlook:
Until price closes above the 99-MA with convincing volume, bearish sentiment remains dominant. Watch for a retest of $0.01170 – if broken, expect accelerated downside. Bulls need to reclaim $0.01260+ to reverse momentum.
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buy and trade here on $USTC