#USDT# 📊 USDT trading strategy analysis



Current market conditions 💰
USDT price: $0.99996, basically maintained near the 1 USD peg.
24-hour trading volume: $81.269 billion, ample liquidity
Market Cap: 168 billion USD, stablecoin market share has fallen below 60% for the first time to 59.55%.

Technical Indicator Signals 📈
RSI(14): 64.29, leaning towards the overbought area
Super Trend: Continued Bullish Signal
Bollinger Bands: Price oscillates near the middle band.
MACD: Indicates slight bullish momentum

trading strategy 🎯

Short-term trading strategy:
Buying range: $0.9999-1.0000
Sell target: $1.0001-1.0002
Stop loss: $0.9998

Medium-term holding:
USDT, as a safe-haven asset, should be allocated 10-20% of the position when market uncertainty increases.

Risk Warning ⚠️
Recently, Tether has continuously issued 3 billion USDT, causing a decline in market share. Attention is focused on changes in regulatory policies and the impact of emerging stablecoins like USD1.

It is recommended to remain cautiously optimistic and focus on the performance of the $1.0000 key support level 🔍
#MLP#
USD1-0.2%
MLP-0.07%
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GateUser-decfcdb1vip
· 09-01 04:14
good morning everyone in the house
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