Market Overview for TrueUSD (TUSDUSDT)

• TrueUSD (TUSDUSDT) traded in a tight range near 0.9973, with minimal directional bias over the 24-hour period.
• Key resistance and support levels held firm, with no breakout or breakdown observed.
• Volume remained moderate with no significant spikes, indicating limited conviction in price movements.
• RSI and MACD showed neutral readings, suggesting equilibrium between buyers and sellers.
• Bollinger Bands remained compressed, signaling low volatility and potential for consolidation or a small move.

Market Overview

TrueUSD (TUSDUSDT) opened at 0.9976 on 2025-07-20 12:00 ET and traded between 0.9970 and 0.9977 over the 24-hour window, closing at 0.9974 on 2025-07-21 12:00 ET. Total trading volume was 198,844.0 units, with a notional turnover of approximately $197,854. The pair remained range-bound, with no clear directional bias.

Structure & Formations

Price remained within a narrow band around 0.9973, with no major candlestick patterns such as engulfing or doji emerging. Key support at 0.9973 and resistance at 0.9976 were clearly defined and held throughout the period.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned near 0.9974–0.9975, suggesting a neutral bias. The 50-period moving average on the daily chart remained flat, reinforcing the lack of trend.

MACD & RSI

The MACD histogram remained near zero, indicating balanced buying and selling pressure. RSI hovered around the 50 level, suggesting the market was in equilibrium with no overbought or oversold conditions.

Bollinger Bands

Bollinger Bands showed a tight contraction, reflecting low volatility. Price remained within the bands but did not touch either the upper or lower boundary, suggesting a continuation of the current range.

Volume & Turnover

Volume was moderate throughout the period, with no significant spikes. Turnover was consistent with volume, showing no divergence or confirmation of a breakout. The lack of volatility meant no major price-volume dislocations were observed.

Fibonacci Retracements

Fibonacci levels were applied to the most recent 15-minute swing from 0.9970 to 0.9977. The 0.618 retracement level was around 0.9973, which coincided with a key support area that held throughout the day.

Forward-Looking View and Risk Caveat

TUSDUSDT appears to remain in a low-volatility consolidation phase, with key levels at 0.9973 and 0.9976 acting as boundaries. A break above 0.9976 or below 0.9973 could signal a shift in sentiment. Investors should remain cautious for any sudden market shocks or macroeconomic events that could disrupt the range.