Market Overview for Threshold/USDC (TUSDC): 2025-09-15

• Threshold/USDC (TUSDC) surged 3.5% over 24 hours, breaking above key resistance near 0.0167–0.0168.
• Volume spiked to over 40M on the 15-minute chart, indicating strong conviction behind the breakout.
• RSI and MACD showed bullish momentum, suggesting a potential continuation of the upward trend.
• Price spent the last 6 hours consolidating within Bollinger Bands, signaling a possible pause before a new move.
• Divergences in volume and price were minimal, confirming trend strength with no early signs of reversal.

Threshold/USDC (TUSDC) opened at 0.01656 on 2025-09-14 at 12:00 ET, hit a 24-hour high of 0.0171, a low of 0.01635, and closed at 0.0167 at 12:00 ET on 2025-09-15. Total volume reached 70.1M, with a notional turnover of ~$1.2M based on average price.

On the 15-minute chart, TUSDC showed a bullish breakout pattern in the early morning hours, with a strong rally from ~0.01655 to ~0.0171. A large-volume bullish engulfing pattern formed at 0.0168–0.0171, suggesting buyers took control. The price action indicated strength above the 0.01675 psychological level, with the 20-period EMA rising above the 50-period, confirming the uptrend. The 50-period daily MA is also positioned below current levels, reinforcing the positive bias.

MACD crossed above the zero line with a strong histogram, pointing to increasing momentum. RSI rose above 55 and entered overbought territory (above 65 at one point), signaling a potential pause but not an imminent reversal. Bollinger Bands widened significantly during the breakout, with price trading near the upper band at one point, highlighting increased volatility. The consolidation in the last 6 hours suggests a potential pullback or continuation setup.

Backtest Hypothesis
A backtest strategy could be built around the 15-minute breakout pattern observed in the early morning hours. The bullish engulfing formation and the rise in volume above 40M provide a strong signal. A potential entry could have been placed at 0.01685, with a stop loss below the 0.0167 support and a target at 0.0171. This setup would have captured the 15-minute rally that followed. The MACD and RSI divergence in the final 6 hours suggests traders might look for a pullback before entering a new long position. Using Fibonacci levels based on the recent swing low (0.01635) and high (0.0171) could provide additional confirmation for entries or exits.