$FDUSD
USD / $USDT is doing exactly what a stablecoin is meant to do — holding its ground with precision. Price is hovering at $0.9989, tightly anchored after a brief shakeout that dipped to $0.9984 and quickly recovered. The upside is capped near $0.9992, showing a clean, controlled range with no panic and no chase.
That sudden red wick earlier wasn’t weakness — it was liquidity getting tested and instantly absorbed. Buyers stepped in fast, volume confirmed the defense, and price snapped right back to equilibrium. Since then, candles have gone quiet, narrow, and repetitive — a classic sign of confidence, not indecision.
This is stability under pressure. No drift, no loss of peg, no emotional reaction despite heavy $138M+ daily volume rotating through the pair. The market is using $FDUSD as intended — a parking zone while risk assets move elsewhere.