$USDC
Price has stayed tightly compressed around the 1.0000 handle, with repeated shallow pushes above and below the peg getting quickly absorbed. Each dip toward the lower edge of the range was met with immediate response, while upside attempts near 1.0005 struggled to hold. That tells me liquidity is being lightly swept on both sides, but neither buyers nor sellers are showing urgency. This kind of behavior usually points to balance, not expansion. Structure hasn’t broken it’s been respected.
What stands out is how price keeps returning to the same zone after each wick. That’s not aggressive selling pressure; it’s more like inventory being rotated. No follow-through after the spikes suggests this is more accumulation/distribution around fair value than a directional move.
Market Read
Right now, I’m watching how price behaves around the 1.0000–1.0001 demand pocket. As long as that level holds on closes, the structure remains intact. Momentum is neutral, with no real higher highs or lower lows developing. If price starts holding above 1.0003 with reduced downside wicks, that would signal acceptance higher. A clean loss of 1.0000, however, would shift the short-term bias and open room for a deeper mean reversion.
This is a patience market reaction matters more than anticipation
Trade Levels
Entry Point:
1.0001 – 1.0002 (on confirmation and hold)
Target Points:
TP1: 1.0004
TP2: 1.0006
TP3: 1.0009
Stop Loss:
Below 0.9998 (clean close, not just a wick)
How it’s possible
Price has already taken liquidity below the range multiple times without continuation, which tells me weak hands are being flushed and absorbed. As long as that liquidity grab isn’t followed by acceptance lower, the odds favor a rotation back toward the upper side of balance. A hold above 1.0002 would be a minor structure reclaim, showing buyers are willing to defend slightly higher prices. If that happens, continuation toward the range high makes sense. If not, stepping aside is the trade
No prediction here just responding to what price confirms
