Market Overview: Threshold/USDC (TUSDC) 24-Hour Price Action and Volatility Shift

Summary
• TUSDC traded in a tight range before surging past 0.0093 amid rising volume.
• Key resistance at 0.00934 stalled further advances, triggering a pullback.
• Momentum indicators signaled overbought conditions late in the session.
• Volatility remained low until a sharp 5-minute rally.
• Final close near 0.00936 indicates consolidation below recent highs.

Threshold/USDC (TUSDC) opened at 0.0092 on 2026-01-05 12:00 ET, reaching a high of 0.00946 and a low of 0.00916 before closing at 0.00936 on 2026-01-06 12:00 ET. Total volume amounted to 1,069,483.8 with a turnover of $9,939.73 over 24 hours.

Structure & Formations

A bullish engulfing pattern emerged near 0.00932 as price surged from 0.0093 to 0.00934 on strong volume. However, a doji formed at 0.00936 as buying pressure waned and price reversed downward. Key resistance appears at 0.00934–0.00936, while support holds near 0.00925–0.0093.

Moving Averages

On the 5-minute chart, the 20-period MA crossed above the 50-period MA around 0.00932, confirming a short-term bullish bias. The daily MA structure remains neutral as TUSDC trades near its 200-period MA.

Momentum Indicators

The MACD line surged above the signal line in the final hour, signaling short-term strength. RSI hit 69–71 late in the session, indicating overbought conditions. A pullback toward 0.0093–0.00932 could test RSI for divergence.

Bollinger Bands

Volatility expanded as TUSDC broke above the upper Bollinger band at 0.00934. Price closed just below the band, suggesting a potential reversion toward the moving average. A break below the mid-band could reignite bearish pressure.

Volume & Turnover

Volume surged during the 18:45–19:45 ET session, with a large 5-minute candle closing at 0.0093. Turnover spiked during the 20:45 ET candle, confirming the breakout attempt. However, subsequent volume was thin, suggesting the move lacks broad follow-through.

Looking ahead, TUSDC appears to be consolidating after the late rally, with a potential test of 0.00934–0.00936 expected. A sustained break above resistance could target 0.0094–0.00945, while a pullback to 0.00925–0.0093 could rekindle near-term uncertainty. Investors should remain cautious as momentum indicators may pivot soon.