Summary
• Price declined sharply after 18:00 ET, forming a bearish breakdown below key support at 0.1270.
• Volume surged during the 05:15–05:45 ET selloff, confirming bearish momentum.
• RSI dipped below 30 during the 05:30–06:00 ET window, suggesting oversold conditions.
• Bollinger Bands narrowed before the 08:45 ET breakout, indicating a potential continuation of downward volatility.
At 12:00 ET on 2025-12-18, Hyperlane/Tether (HYPERUSDT) opened at 0.1285, reached a high of 0.1304, a low of 0.1196, and closed at 0.1236. Total volume for the 24-hour period was approximately 5.46 million, with notional turnover of $670,648.
Structure & Formations
Price formed a strong bearish breakdown after 18:00 ET, breaking below key support at 0.1270 and confirming a bearish bias. A sharp selloff between 05:15 and 05:45 ET saw
fall from 0.122 to 0.120, indicating heightened bearish conviction. Key Fibonacci retracement levels from the 0.1284–0.1236 range (61.8% at 0.1257) appear to act as dynamic resistance during partial bounces.
Moving Averages and Momentum
On the 5-minute chart, the 20- and 50-period SMAs crossed to the downside in late ET hours, reinforcing the bearish bias. The daily 50-period SMA is below the 100-period SMA, with a downward trend in place.
The RSI dipped below 30 during the 05:30–06:00 ET window, suggesting oversold conditions, while the MACD line remained below the signal line, pointing to sustained bearish momentum.
Volatility and Bollinger Bands
Bollinger Bands contracted tightly between 05:30 and 08:45 ET before price broke out downward, a classic volatility contraction followed by a breakout. Price closed below the lower band during the 05:45–06:00 ET candle, reinforcing the bearish continuation.
Volume and Turnover
Volume spiked sharply during the 05:15–05:45 ET selloff, with the 05:15–05:30 ET candle showing a turnover of $150,000 on 195,000 volume. This divergence between price and turnover suggests strong selling pressure during the key breakdown. A smaller volume peak at 08:45 ET followed a sharp 0.1219–0.1238 rally, confirming a short-covering move.
Hyperlane/Tether appears to be in a bearish phase with key support levels now invalidated. While a short-term bounce near 0.124–0.125 may offer a temporary reprieve, the risk of further downside toward 0.118–0.120 remains high. Investors should remain cautious of potential follow-through selling and watch for any signs of exhaustion in bearish momentum.
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