Market Overview for Threshold/USDC (TUSDC) – 2026-01-07

Summary
• Price tested key resistance at 0.00935, then broke higher into 0.00975–0.00969 consolidation.
• Volume surged at 0.00975–0.00969, confirming bullish momentum.
• RSI near overbought territory at 78, signaling potential pullback.
• Volatility increased as price moved out of Bollinger Band contraction.
• Fibonacci 61.8% at 0.00956 acted as support during late sell-off.

Threshold/USDC (TUSDC) opened at 0.00938 on 2026-01-06 12:00 ET, reached a high of 0.00983, a low of 0.00908, and closed at 0.00962 on 2026-01-07 12:00 ET. Total volume was 1,057,819.7 and notional turnover was 9,988.75 USD over 24 hours.

Structure & Formations

The price formed a bullish breakout pattern around 0.00935–0.00941, followed by a strong rally that extended into the 0.0096–0.0098 range. A bearish correction emerged after 0.00975–0.00971, with a potential double-bottom formation forming near 0.00962. A doji appeared during the 05:15–05:30 ET window, signaling short-term indecision.

Moving Averages

On the 5-minute chart, the 20SMA and 50SMA crossed positively in the morning, reinforcing the bullish trend. The daily chart showed a retest of the 200DMA at 0.0093–0.00935, which appears to have held firm as support.

Momentum and Volatility

RSI peaked near 78 during the early morning rally, indicating overbought conditions and a potential short-term reversal. MACD showed a strong positive divergence after 04:00 ET, aligning with price action. Bollinger Bands expanded after 04:45 ET, signaling increased volatility during the breakout phase.

Volume and Turnover

Volume spiked sharply during the 04:45–05:00 and 05:45–06:00 ET intervals, confirming the rally into 0.00975–0.00969. Notional turnover mirrored this, with over $2.8 million in volume during the 05:45–06:00 ET window. A divergence appeared in the late morning as price corrected while volume remained subdued.

Fibonacci Retracements

Fibonacci 61.8% (0.00956) acted as a strong support during the afternoon sell-off. The 38.2% retracement at 0.00969–0.00971 appeared to cap the early morning rally, with price consolidating above it before resuming the upward trend.

Over the next 24 hours, TUSDC may consolidate within the 0.00962–0.00975 range as traders assess momentum. A break above 0.00975 could target 0.00983–0.00990, while a retest of 0.00956 could offer a short-term buying opportunity. Investors should remain cautious of potential overbought conditions and a pullback into key Fibonacci levels.