$USDC USDC/USDT Market Update (4H)

USDC remains stable near its peg, currently trading around $1.00046. On the 4H chart, price is trading below the short-term moving averages, showing slight bearish momentum despite a recent bounce from the $1.00020 low. The MA(7), MA(25), and MA(99) remain above the current price, indicating sellers still have short-term control.

A recovery above the nearby resistance zone could restore neutral momentum, while failure to hold current levels may lead to another test of recent lows. As a stablecoin pair, volatility remains limited, but the chart currently favors downside pressure in the short term.

Sentiment: 🔴 Bearish

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