$FDUSD /USDC Hovers Below Resistance – Consolidation Phase Ahead
$FDUSD is currently trading at $0.9983, with minimal volatility over the past few hours. The price remains range-bound between the 24h high of $0.9986 and low of $0.9982, with all key moving averages — MA(7), MA(25), and MA(99) — tightly clustered around the current price. This suggests a low-volatility environment with no clear trend direction.
Trade Setup:
Entry: $0.9983
TP1: $0.9988
TP2: $0.9992
TP3: $0.9998
SL: $0.9975
Takeaway: FDUSD is consolidating in a narrow range — wait for a breakout with volume before entering any directional trade.