Market Overview for Threshold/USDC (TUSDC) – 24-Hour Analysis

Summary
• TUSDC traded within a tight range between $0.00904 and $0.00918, with a late-night dip below $0.00910.
• Price action showed a potential bearish reversal at the 02:15 candle, with a $0.00914 → $0.00918 move followed by a sharp pullback.
• Volume spiked sharply in two sessions: 19:15 and 04:45 ET, confirming key price moves but lacking follow-through.
• TUSDC closed near key support at $0.00907, which may hold in the near term if volume remains muted.
• RSI remained neutral to slightly overbought, with no clear divergence, suggesting limited immediate directional momentum.

Threshold/USDC (TUSDC) opened at $0.00913 on 2026-01-04 at 12:00 ET, traded as high as $0.00918, and as low as $0.00904 before closing at $0.00907 on 2026-01-05 at 12:00 ET. Total volume for the 24-hour period was 1,148,934.7 units, with a notional turnover of approximately $10,465.56.

Structure & Formations

TUSDC’s price action formed a small bearish engulfing pattern around the $0.00913–$0.00914 level, coinciding with a high-volume candle at 01:30 ET, which may signal exhaustion of bullish momentum.

A key support level appears to be consolidating at $0.00907–$0.00908, where price spent several hours with minimal movement, suggesting a potential base for near-term stability.

Volatility and Momentum

Bollinger Bands showed minimal expansion, indicating subdued volatility. The 5-minute 20-period MA remained slightly above the 50-period MA, pointing to a potential short-term bearish bias. RSI oscillated between 50 and 60 most of the day, with no signs of overbought conditions, indicating lack of strong conviction in either direction.

Volume and Turnover

Volume spiked twice during the session—once at 19:15 ET during a minor price dip and again at 04:45 ET when TUSDC tested the $0.00907 level. These spikes were matched by increased turnover, suggesting some level of institutional or significant retail participation. However, follow-through buying was absent, and price failed to reclaim the $0.00914 level after the initial rebound.

Looking Ahead

TUSDC may test $0.00907–$0.00908 as a short-term floor in the next 24 hours, with a possible retest of $0.00913 if buyers emerge. Traders should monitor volume for confirmation of any directional move, as divergence between price and volume could hint at a breakdown. Investors should be cautious of a potential pullback to $0.00904 in the absence of renewed bullish momentum.