As reported by Bijié Wǎng, Telcoin rebounded from a key support level of $0.00475 within 24 hours, surging 13.3% with trading volume spiking 177%. The price has risen 83% since November 12, when Telcoin received regulatory approval to launch its blockchain-based digital asset bank in Nebraska. CEO Paul Neuner highlighted that the bank’s eUSD stablecoin will be the first bank-issued on-chain dollar compliant with U.S. regulations. Technical analysis shows an upward trend over the past ten days, followed by a consolidation phase. Traders are advised to take profits within the $0.0047 to $0.0057 range rather than chasing a breakout.
Telcoin Stabilizes After Sharp Reversal; What's Next?
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