Market Overview for Euler/USDC (EULUSDC) on 2025-12-26

Summary
• Price broke down from 2.89 to 2.823, forming bearish engulfing and hanging man patterns.
• High volume confirmed the selloff below 2.87 and recovery attempt near 2.90.
• RSI and MACD indicate weakening momentum with oversold conditions near 2.85.
• Volatility expanded in the last 5 hours, with Bollinger Bands widening below 2.84.

Euler/USDC (EULUSDC) opened at 2.905 on 2025-12-25 12:00 ET, peaked at 2.902, dropped to 2.823, and closed at 2.888 on 2025-12-26 12:00 ET. Total volume was 12,657.05 units, with turnover of 36,042.09 USD.

Structure & Moving Averages

Price broke below key 2.87 support, with a 50-period 5-minute MA (2.89) failing to hold. Daily 50/200 MA alignment appears neutral but could turn bearish if the 2.86 level breaks.

Momentum & Indicators

MACD turned bearish in the late session, and RSI dipped into oversold territory near 2.85. A potential short-term bounce appears likely, but confirmation above 2.902 is needed to reverse sentiment.

Volatility & Volume

Bollinger Bands widened below 2.84 as volatility spiked during the selloff, with volume peaking around 2.856 and 2.826. Notional turnover surged with the drop to 2.823, suggesting conviction in the bearish move.

Fibonacci Retracements

The recent 2.902–2.823 swing shows 38.2% at 2.868 and 61.8% at 2.845. A retest of the 61.8% level could trigger a pullback or further consolidation.

A potential rebound above 2.89 may trigger short-term buyers, but a break below 2.845 could intensify selling pressure. Traders should monitor volume behavior and RSI for signs of exhaustion or continuation.