Market Overview for FUNToken/Tether (FUNUSDT)

Summary
• FUNToken/Tether formed a bullish engulfing pattern near 0.002035, followed by a bearish divergence in RSI after 0.00206.
• Volume spiked during the 21:15–22:45 ET rally but failed to confirm sustained buying.
• Price remained within a Bollinger Band contraction, with volatility expanding after 10:00 ET.
• Key support at 0.00202–0.00201, resistance at 0.00205–0.00206, with Fibonacci 61.8% at 0.002032.

At 12:00 ET on 2025-12-12, FUNToken/Tether (FUNUSDT) opened at 0.002035, reached a high of 0.002074, a low of 0.002010, and closed at 0.002039. Total 24-hour volume was 141,104,762.0, and notional turnover was $285,718.83 (calculated from average price and volume).

Structure & Formations

Price formed a bullish engulfing pattern at 0.002035, suggesting short-term buying interest. However, a bearish divergence in RSI emerged after 0.00206, indicating weakening momentum. The 0.00202–0.00201 range acted as a strong support zone, with the 0.00205–0.00206 level capping advances.

Moving Averages

On the 5-minute chart, price oscillated above and below the 20-period MA, with the 50-period MA acting as dynamic support. Daily averages are not fully visible within the dataset, but price remained above the 200-period MA, suggesting a mildly bullish bias.

MACD & RSI

The MACD crossed into positive territory after 20:00 ET, aligning with a rally, but later returned to neutral as buyers faded. RSI topped 60 at 0.00206, signaling overbought conditions, and later corrected toward 55, suggesting potential consolidation.

Bollinger Bands

Price traded within a tightening Bollinger Band contraction from 00:00–10:00 ET, before volatility expanded. A break above 0.002074 at 10:15 ET marked a potential breakout attempt, but the move was short-lived.

Volume & Turnover

Volume surged during the 21:15–22:45 ET rally, with a peak of 7.4M at 21:30 ET. However, price failed to hold above 0.00205, indicating a lack of conviction. Turnover mirrored volume trends, with a peak of $15,312 at 21:30 ET.

Looking ahead, FUNToken/Tether may test key support at 0.00202 or rally toward 0.00206, with a bearish divergence in RSI and a lack of confirming volume suggesting caution. Investors should monitor for a breakout attempt or a reversal pattern near 0.002035.