$USTC /USDT is showing renewed activity, currently trading around 0.00504 with a +3.28% move in the last 24 hours. After a sharp impulsive push toward 0.00534, price has entered a short consolidation phase, holding above the recent local support zone. This kind of structure often suggests the market is deciding whether to cool off or prepare for another leg higher.

On the lower timeframe, buyers are still defending the range reasonably well. If momentum continues to build and price reclaims the recent intraday highs, USTC could attempt another breakout. A clean move above resistance with volume would strengthen the bullish case and shift attention toward higher upside levels.

Trade Setup

Entry Zone: 0.00500 – 0.00506

Target 1: 0.00516

Target 2: 0.00526

Target 3: 0.00534

Stop Loss: 0.00492

As long as price stays above the key support area, the setup remains valid for a continuation move. If bulls manage to push through the breakout level with conviction, USTC may extend higher and test the upper resistance zone again.

#GoldmanSachsFilesforBitcoinIncomeETF #GIGGLESuddenSpike

USTC

0.00547

0.00%