Market Overview for Anchored Coins AEUR/Tether

Summary
• Price consolidated between 1.1439 and 1.1460 in late afternoon before breaking lower after 22:30 ET.
• Volatility expanded significantly during the 24-hour period, with price falling ~0.36% from open to close.
• Volume surged in the 22:30 candle as price dropped to 1.1406, indicating bearish participation.
• A bearish engulfing pattern formed around 22:30 ET as price broke key support near 1.1439.
• RSI signaled moderate oversold conditions by 01:15 ET, but price failed to recover, suggesting weak follow-through buying.

Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.1460 on 2025-12-20 at 12:00 ET, reached a high of 1.1460, hit a low of 1.1386, and closed at 1.1386 on 2025-12-21 at 12:00 ET. Total volume for the 24-hour period was 2,681.7 units, with notional turnover totaling 3,076.6.

Structure & Formations

Price remained in a tight range between 1.1439 and 1.1460 for most of the day before breaking decisively lower after 22:30 ET. A bearish engulfing pattern formed during that key candle, confirming a shift in sentiment. The 1.1439 level, previously a key support, appeared to break, with price settling below it by the close.

MACD & RSI

The MACD turned negative after 22:30 ET, signaling bearish momentum.

RSI dipped into oversold territory by 01:15 ET but failed to trigger a strong rebound, suggesting weak follow-through buying.

Bollinger Bands

Volatility expanded significantly after 22:30 ET, with price dropping below the lower band. The band width increased from ~0.0015 to ~0.0045, indicating rising uncertainty and bearish pressure.

Volume & Turnover

Volume spiked in the 22:30 ET candle as price fell to 1.1406, suggesting strong bearish participation. The 606.8 volume unit at that time was a standout, with turnover increasing in alignment. Divergences were not observed between price and turnover during the day.

Fibonacci Retracements

On the 5-minute chart, the drop from 1.1460 to 1.1406 reached the 61.8% Fibonacci level, reinforcing bearish pressure. No clear retracement patterns emerged on the daily chart due to limited prior swing range.

Looking ahead, price may test the 1.1360–1.1380 zone as the next target, with potential for a short-term rebound if it stabilizes above 1.1386. However, risks remain on the downside if bears continue to dominate near-term volume and momentum.