Market Overview for Fusionist/Tether (ACEUSDT) on 2025-12-29

Summary
• Price tested key resistance near $0.28, with bearish rejection in late night trading.
• Volatility surged in early AM, with turnover spiking above $16k during 4:15–4:30 ET.
• RSI hovered near neutral mid-range, indicating muted momentum and indecision.
• Bollinger Bands widened as price drifted lower, suggesting increased distribution pressure.
• Volume confirmed bearish bias, particularly after 6:15 ET with a massive 166k volume candle.

Fusionist/Tether (ACEUSDT) opened at $0.279 on 2025-12-29 12:00 ET–1, reaching a high of $0.282 and a low of $0.271, closing at $0.271. Total volume for the 24-hour period was approximately 1.09 million, with turnover around $306,000.

Structure & Formations

Price action showed a bearish breakdown from the $0.28 resistance level after a late-night rally failed to hold, culminating in a long-legged doji at 4:30 ET. A key support level at $0.277–0.275 was tested and partially held, but a large bearish candle at 6:15 ET broke through to $0.277.

Moving Averages and Momentum

Short-term 20/50-period moving averages on the 5-minute chart were bearishly aligned by early morning. Daily 50/200-period MAs are still neutral, suggesting a shift from short-term bearishness to possible consolidation. The 12-26 MACD showed a bearish crossover late night, with negative divergence in the last few hours.

Volatility and Bollinger Bands

Bollinger Bands expanded from 4:15 ET onward, coinciding with increased volume and price swings. The final hour saw the price trading near the lower band, indicating bearish momentum and potential oversold conditions, though not extreme.

Volume and Turnover

Volume spiked at 6:15 ET with a 166k+ volume candle, confirming the breakdown below key support. Turnover aligned with the price move, with no significant divergence observed. The largest single 5-minute turnover spike occurred at 9:45 ET, coinciding with a large bearish move to $0.271.

Forward Outlook and Risk Note

ACEUSDT may continue to consolidate or test the next support level near $0.271–0.270 in the next 24 hours, with potential for a short-term rebound if buyers step in. Traders should monitor volume for confirmation and be cautious of further downside risks should the $0.27 level break.