$USDC 📈 Current Technical Snapshot
Index Level: ~98.62
Trend:
Daily moving averages mixed: short‑term (5/20-day) have recently turned bullish, mid/long (50/100/200-day) remain bearish
RSI on daily shows neutral-to-overbought (~66–70)
MACD is around zero—monitor for bullish crossover
**Chart Patterns & Momentum:**
RSI divergence: price fell to new lows, but RSI did not—classic bullish divergence
Broke above falling trendline; potential test of June highs (~101.8) for confirmation
**Key Support/Resistance Levels:**
Support: 97.9–98.0 (June low) and broader support at ~95 if breakdown continues
Resistance: 101.8 (recent swing high), then ~107 if momentum holds
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🛠️ Trading Signal Summary
Timeframe Signal Trade Idea
Short‑term (1–4 days) Bullish bias RSI divergence + trendline breakout suggest a rebound to 98.8–99.0. Entry near current price; tight stop below 97.9.
Medium‑term (weeks) Watch confirmation Watch daily close above 99.0–101.8. If confirmed, potential move toward 101.8–102.0. If fails, target back to 97.9 or lower.
Note: Major macro events (data releases, Fed commentary) could trigger volatility and disrupt technical setup.
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📊 Chart Access
While I can't embed the live chart here, you can view a real-time DXY chart via:
TradingView: search **TVC:DXY**
MarketWatch or Investing.com under “U.S. Dollar Index”
Most platforms will allow overlaying RSI, MACD, trendlines
