Market Overview for Threshold/USD Coin (TUSDC) on 2025-09-10

• Threshold/USD Coin (TUSDC) closed at 0.01645, down from an open of 0.01626 and a high of 0.01669.
• Price consolidated in a narrow range near key support and resistance levels, with mixed volume activity.
• MACD and RSI showed diverging momentum signals, hinting at potential reversal or continuation.
• Volatility expanded mid-day, followed by consolidation in the afternoon into early evening.

Threshold/USD Coin (TUSDC) opened at 0.01626 on 2025-09-09 at 12:00 ET and closed at 0.01645 on 2025-09-10 at 12:00 ET, reaching a high of 0.01669 and a low of 0.01618. Total volume over the 24-hour period was 615,615.0 units, with a turnover of $10,129.80 (assuming USD Coin is pegged to $1.00).

Structure & Formations
TUSDC formed a consolidation pattern throughout the day after an initial upward breakout. A key resistance level at 0.01669 was briefly tested, but failed to hold. A notable bullish engulfing pattern appeared around 05:45 ET (2025-0910 054500), with a close at 0.01668, while a potential bearish rejection pattern formed at 15:00 ET (2025-0910 150000), closing at 0.01661 after peaking at 0.01663. A doji at 15:45 ET (2025-0910 154500) suggested indecision in the market. Key support levels include 0.01645 and 0.01634, while resistance is at 0.01669 and 0.01668.

Moving Averages

On the 15-minute chart, price closed above the 20-period and 50-period moving averages, suggesting a potential short-term bullish bias, though it remains near the 50SMA. On the daily chart (24-hour data), the 50, 100, and 200-period moving averages remain untested due to insufficient data beyond this timeframe, but based on the trend, price appears to be in a bullish phase, with a slight pullback in the last 24 hours.

MACD & RSI

MACD showed a mixed signal—bullish divergence in the morning hours, with a positive cross, followed by bearish momentum in the afternoon. RSI reached 55–65 in the morning, suggesting moderate strength, but dropped into the 50–55 range by the close, indicating a return to equilibrium. The RSI has not entered overbought territory (>65), nor has it fallen into oversold (<35), suggesting the market remains in a balanced state.

Bollinger Bands

Volatility expanded between 05:30 and 06:30 ET, as price moved outside the upper Bollinger Band. It then retracted back into the channel, staying within the range for most of the day. Price closed near the middle Bollinger Band, signaling a potential continuation or consolidation phase. A contraction in volatility occurred from 12:00 to 14:00 ET, suggesting a potential breakout or reversal could be coming.

Volume & Turnover

Volume spiked at 05:45 ET and again at 15:15 ET, with turnover confirming the price action in both cases. The midday volume dip from 12:00 to 14:30 ET coincided with a sideways consolidation in price, suggesting limited conviction in the direction of price. A divergence appeared in the late afternoon—price rose while volume declined, suggesting possible exhaustion in the upward move.

Fibonacci Retracements

Applying Fibonacci to the 05:45–15:15 ET swing (0.01668 to 0.01659), the price found support at the 61.8% retracement level (0.01661) around 15:00 ET and 15:45 ET. The 38.2% level (0.01663) acted as a resistance, which was rejected. On the broader 05:15–06:30 ET range (0.01654 to 0.01668), the 50% retracement (0.01661) and 61.8% (0.01657) levels both saw price consolidation, reinforcing key support/resistance levels.

Backtest Hypothesis

A potential backtesting strategy for TUSDC could involve identifying bullish and bearish engulfing patterns in conjunction with RSI divergence. For example, a buy signal could be generated when a bullish engulfing pattern appears near key support levels (such as 0.01645), accompanied by RSI divergence above 50, suggesting a potential reversal. A sell signal could be triggered when a bearish pattern forms near resistance (0.01669), with RSI divergence below 50. Given the relatively low volatility and liquidity of TUSDC compared to major cryptos, this strategy would need to be tested on a larger time frame (e.g., 1-hour or daily) to reduce false signals.