📊 $USTC

USTC/USDT Technical Analysis & Price Targets 🎯

As of February 9, 2025, TerraClassicUSD (USTC) is trading at $0.0127, showing a +0.19% increase from the previous close.

Key Technical Levels:

Intraday High: $0.0129

Intraday Low: $0.0105

Price Targets:

1️⃣ Target 1 - $0.0150:

📈 A breakout above the $0.0129 resistance could push the price towards $0.0150, a historical resistance level.

2️⃣ Target 2 - $0.0180:

📊 Sustained momentum beyond $0.0150 may drive USTC to $0.0180, a key psychological barrier.

3️⃣ Target 3 - $0.0200:

🚀 If bullish sentiment continues, the next major target is $0.0200, aligning with previous support turned resistance.

Technical Indicators:

✅ RSI: 55, indicating a neutral stance with room for upward movement.

✅ MACD: Bullish crossover, signaling a potential uptrend.

Recent Developments:

🔹 Community-driven efforts have focused on burning USTC to restore value stability.

🔹 September 2023 saw a vote to halt USTC minting to aid in re-pegging efforts.

Conclusion:

USTC is showing signs of bullish momentum. A break above $0.0129 could drive the price towards $0.0150, $0.0180, and $0.0200. Traders should monitor these levels and apply risk management strategies.

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