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Summary
• TUSDC formed a bullish engulfing pattern at 0.00847 after consolidation.
• Momentum accelerated on strong volume during the 02:30–03:00 ET window.
• Price closed near upper Bollinger Band, suggesting increased volatility.
• RSI remains neutral, with no overbought/oversold signals detected.
• Turnover surged to $52.48 at 02:45 ET, aligning with a 0.00859 high.
Threshold/USDC opened at 0.00853 at 12:00 ET − 1, reached a high of 0.00859, traded as low as 0.00847, and closed at 0.00859 at 12:00 ET. Total volume amounted to 6,110.0, while turnover was $52.48 over the 24-hour period.
Price action began with a bearish 5-minute candle at 00:15 ET, forming a small range between 0.00847 and 0.00853. A bullish engulfing pattern developed at 02:30 ET, where price moved from 0.00847 to 0.00853, signaling potential reversal.

Short-term moving averages (20/50-period) on the 5-minute chart remained below price action, supporting the bullish momentum. RSI hovered in the mid-range throughout, indicating neither overbought nor oversold conditions. MACD remained positive during the surge in volume, affirming the strength of the breakout.
Volatility was generally low throughout the session, with price staying within the Bollinger Bands for most of the period. However, the final candle before 12:00 ET closed near the upper band, suggesting a temporary increase in bullish pressure.
Trading volume was negligible for most of the session before spiking at 02:30 ET (935.6) and again at 02:45 ET (6110.0). Notional turnover matched this volume surge, peaking at $52.48 at 02:45 ET, coinciding with the high of the session. This alignment between volume and price suggests confirmation of the bullish breakout.
Fibonacci retracements drawn from the initial 0.00847–0.00853 swing showed that price reached the 61.8% retracement level at 0.00852, aligning closely with the 0.00853–0.00859 consolidation. This suggests a possible psychological level where buyers may re-enter the market.
Threshold/USDC appears poised to
the 0.00859–0.00860 range in the next 24 hours. Traders may look for a breakout confirmation above 0.00860 or a pullback to the 0.00847–0.00852 level for re-entry. As always, volatility and liquidity levels may shift quickly, so caution is advised near key levels.Decoding market patterns and unlocking profitable trading strategies in the crypto space
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