Market Overview: Threshold/USDC (TUSDC) – December 21, 2025

Summary
• Price formed a bullish engulfing pattern early in the session, followed by consolidation.
• RSI remains neutral, indicating neither overbought nor oversold conditions.
• Bollinger Bands show a tightening volatility contraction during midday.
• Volume spiked significantly during the 18:00–19:00 ET period, but price remained flat.
• Key support appears at 0.00920, with resistance clustering around 0.00927–0.00932.

Threshold/USDC (TUSDC) opened at 0.00922 on December 20, 2025 at 12:00 ET and closed at 0.00925 at 12:00 ET on December 21. The pair touched a high of 0.00932 and a low of 0.00919 over the 24-hour period. Total volume amounted to 448,447.0 and turnover reached approximately $4,139.34 (based on 5-minute OHLCV data).

Structure & Formations

The price formed a bullish engulfing pattern starting at 17:45 ET as it broke out from a tight consolidation phase. This was followed by a gradual retest of key levels, with a bearish reversal forming at 20:45 ET. However, the price bounced off the 0.00920 level, reinforcing it as a short-term support. No strong reversal patterns emerged on the daily chart, indicating a continuation of range-bound trading.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages were closely aligned, suggesting a neutral bias. . Over the day, the price hovered just above the 200-period moving average, indicating moderate bullish momentum. A potential breakout above 0.00932 could invite further long-term buyers.

MACD & RSI

The RSI remained between 45–55 for most of the session, showing balanced momentum. MACD lines oscillated around the signal line without a clear divergence, indicating a continuation of the current range. There were no signs of overbought or oversold extremes.

Bollinger Bands

Volatility decreased significantly between 18:00–20:00 ET, with the bands narrowing. This contraction typically precedes a breakout or breakdown, which did not materialize in this case. Price retested the upper band at 0.00932 and the lower band at 0.00920 twice, confirming these as key levels.

Volume & Turnover

Volume surged during the 18:00–19:00 ET period with a high of 0.00932, but the price failed to hold above that level. This suggests potential selling pressure. A second volume spike occurred around 04:15 ET as the price bounced off 0.00920, indicating strong support.

Fibonacci Retracements

A 5-minute swing from 0.00920 to 0.00932 shows a 61.8% retest at 0.00928, where the price found resistance. On the daily chart, the 38.2% retracement level at 0.00927 appears to have limited further upside.

Looking ahead, the market appears to be consolidating within a well-defined range, with key levels at 0.00920 and 0.00932. A breakout above 0.00932 could attract more buyers, but risks of a reversal exist if volume does not confirm the move. Investors should closely monitor the RSI and MACD for signs of momentum shifts.