USTC Technical Outlook: Strong Rebound, But Major Resistance Ahead

USTC is showing a sharp recovery after bouncing from the demand zone near $0.00440, where buyers stepped in aggressively to halt the extended downside. This rebound follows a long period of consolidation below key resistance areas, confirming sellers still dominate the broader trend despite the recent bullish impulse.

During the downtrend, USTC remained below all major EMAs — 20 EMA ($0.00642), 50 EMA ($0.00725), 100 EMA ($0.00875), and 200 EMA ($0.01067). These EMAs now sit above the current price and continue to act as layered resistance, signaling that the overall market structure is still bearish.

The recent breakout is constructive, but USTC must reclaim the 0.786 Fib level at $0.00742 as a confirmed support to stabilize. A stronger continuation requires a break above the $0.00980 (0.618 Fib) zone, followed by a push toward the $0.01146 (0.5 Fib) region.

A decisive bullish shift will only occur if USTC closes above the $0.01313 (0.382 Fib) resistance, which marks the beginning of the previous breakdown.

On the downside, if USTC fails to hold above $0.00742, the chart shows a major demand zone at $0.00440. Losing this level could resume the bearish trend and expose deeper support levels.

The RSI is currently at 70.54, showing strong buying pressure after a prolonged oversold phase, but also indicating that the market is entering overbought conditions.

📊 Key Levels

Resistance Zones

$0.00742 (0.786 Fib – must hold as support)

$0.00980 (0.618 Fib)

$0.01146 (0.5 Fib)

$0.01313 (0.382 Fib)

$0.01519 (0.236 Fib)

Support Zones

$0.00642 (EMA cluster support)

$0.00440 (major swing low)

RSI (14)

70.54 — Strong bullish spike, entering overbought territory.

📌 Summary

USTC has initiated a powerful rebound from a major support zone, but the broader structure remains bearish below the $0.0098–$0.0114 resistance cluster. A true trend reversal depends on a breakout above $0.01313, while losing support near $0.00742 could trigger renewed downside toward the $0.00440 demand zone.

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