$USTC /USDT: The Comeback Attempt? 🚀
TerraClassicUSD (USTC) is showing signs of life after months of stagnation.
Today’s price action is no joke: +22.8% daily candle breakout.
Current Situation:
Price: 0.01729 USDT
Moving Averages:
MA20: 0.01338 ✅ Support turned
MA50: 0.01260 ✅ Crossed bullish
MA200: 0.01381 🔥 Broken to the upside—a trend reversal sign
Potential Play:
Entry Zone:
Current region (0.01550 – 0.01750) is a momentum zone. For safer entries, wait for a pullback to 0.01500–0.01600.
Targets:
Target 1: 0.02200 🥇 (Recent local highs)
Target 2: 0.03000 🥈 (Psychological & historical resistance)
Target 3: 0.04500 🧨 (Major resistance from March)
Stop Loss:
Below 0.01200 USDT to avoid downside risk.
Why Watch USTC?
Short Squeeze Potential:
USTC often sees explosive short squeezes due to its low float & high social speculation.
MA Reclaim:
Breaking the 200-day MA usually signals a macro shift in trend.
Speculative Interest:
USTC still has a cult following—this is a pure narrative play.
Risk Warning:
USTC is a de-pegged stablecoin with no fundamental value backing its current price.
This is a momentum/speculation trade only, not an investment.
⚠️ Trade at your own risk. DYOR. This is not financial advice.
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