$USDC is currently ranging tightly between 0.9994 and 0.9997.
As the price hovers near the upper Bollinger Band, it may suggest overextension, prompting caution.
The Bollinger Bands indicate contracted volatility, which typically precedes larger price movements.
Consider placing a stop-loss just below the support level at 0.9994 to manage risk effectively.
For traders, the best action is to set alerts until a clear breakout or breakdown occurs.
