Market Overview for IOTA/Tether on 2025-12-30

Summary
• Price consolidated near 0.0845, with a bearish reversal at 0.0839–0.0833.
• MACD turned negative, while RSI approached oversold territory near 0.0832.
• Volatility expanded early morning before contracting after 0.0835 retesting.

IOTA/Tether (IOTAUSDT) opened at 0.0845 on 2025-12-29 at 12:00 ET, reached a high of 0.0857, a low of 0.0824, and closed at 0.0846 on 2025-12-30 at 12:00 ET. Total volume was approximately 5,105,856.0 IOTA, with a notional turnover of around $425,186.25.

Structure & Formations

IOTAUSDT saw a bearish breakdown below 0.0845, forming a potential bearish engulfing pattern at 0.0839–0.0833. The 0.0832–0.0835 range appears to be a short-term support, with a larger resistance near 0.0846–0.0848. The 0.0845 level now serves as an initial pivot, with a possible retest expected.

Moving Averages

On the 5-minute chart, the 20- and 50-period moving averages crossed below the price after 0.0839, reinforcing the short-term bearish trend. Daily 50/100/200 MA structure remains neutral, with the 50-period line hovering near 0.0845.

MACD & RSI

The MACD line turned negative and remained below the signal line, signaling bearish momentum. RSI dropped into oversold territory near 0.0832, suggesting a potential short-term bounce, though bearish pressure remains strong.

Bollinger Bands

Volatility expanded in the early hours, with price touching the lower band near 0.0832. A contraction followed, with price currently trading near the mid-band, suggesting a possible continuation of the downward trend.

Volume & Turnover

Volume spiked heavily below 0.0845, confirming the breakdown. Turnover also surged during the 18:00–21:00 ET period, aligning with the move toward 0.0832. The divergence between volume and price after 0.0835 suggests caution ahead of any near-term rally.

Fibonacci Retracements

Key retracement levels from the 0.0845–0.0832 move include 0.0843 (38.2%) and 0.0838 (61.8%). Price is likely to find near-term support at 0.0838 before testing the 0.0832 level.

Looking ahead, IOTA/Tether may see a short-term bounce near 0.0843–0.0845, but further bearish momentum could push the pair toward 0.0832. Investors should watch for a potential reversal at key levels or a breakdown below 0.0832, which could trigger deeper correction.