@USDC /USDT pair is currently trading around $0.999, indicating near-perfect parity between the two major stablecoins. Since both USDC (USD Coin) and USDT (Tether) are pegged to the U.S. dollar, their price movement typically stays within a very tight range, reflecting liquidity dynamics and short-term market sentiment rather than fundamental value shifts.
The support level lies around $0.998–$0.997, where buyers usually step in to restore the peg if USDC slightly depegs below its dollar value. On the other hand, the resistance level stands near $1.001–$1.002, where selling pressure tends to appear as arbitrage traders take profit.
Overall, USDC/USDT remains stable due to strong backing and active market arbitrage. However, temporary fluctuations can occur during high-volume trading, liquidity shifts, or exchange-specific imbalances. The tight range between support and resistance reflects the pair’s consistent stability in the crypto market.