Market Overview: Chiliz/Tether (CHZUSDT) on 2025-12-30

Summary
• Price traded in a 0.03654–0.03813 range, with a bearish reversal at the day’s high.
• RSI oversold at 26, suggesting short-term buying interest may emerge.
• Volatility spiked after 08:00 ET, with a 5.1% intraday high-low swing.
• Volume surged 4x near 0.0376–0.0380, supporting a potential rebound.
• A bullish engulfing pattern emerged at 0.0367–0.0370, hinting at a short-term base.

24-Hour Snapshot

Chiliz/Tether (CHZUSDT) opened at 0.03691 on 2025-12-29 at 12:00 ET, hit a high of 0.03813, a low of 0.03654, and closed at 0.03772 by 12:00 ET on 2025-12-30. Total volume reached 43,184,586 CHZ, and notional turnover amounted to 1,613,564 USDT over the 24-hour window.

Structure & Momentum

Price action showed a clear 5-minute bearish reversal pattern near the intraday high of 0.03813, where a long upper shadow and shrinking volume signaled exhaustion. RSI dropped into oversold territory at 26, suggesting the pair may consolidate or see a modest rebound in the near term.

A bullish engulfing pattern emerged at 0.0367–0.0370, which could act as a short-term support area.

Volatility and Volume

Volatility increased significantly after 08:00 ET, with the high-low range expanding to 5.1%. This was accompanied by a sharp volume spike at the 0.0376–0.0380 level, suggesting accumulation. Bollinger Bands widened during this time, confirming a period of expansion. However, volume declined after 14:00 ET, hinting at potential consolidation.

Key Levels and Divergences

Fibonacci retracement levels from the 0.03654–0.03813 swing suggest 0.03737 (38.2%) as potential support and 0.03780 (61.8%) as a key resistance. MACD crossed below the signal line in the morning, reinforcing bearish momentum, but a divergence between lower lows and higher MACD bars in the afternoon suggests a potential near-term reversal.

Forward Outlook and Risk

The market appears to be testing its 20-period 5-minute moving average (currently ~0.0374) as a pivot point. A close above 0.0380 could trigger short-term buyers, while a retest of 0.03654 could reignite bearish pressure. Investors should remain cautious as volume remains uneven, and the recent volatility may lead to sharp intraday swings.