Market Overview for Maple Finance/Tether (SYRUPUSDT): Dec 10, 2025

Summary
• Price opened at $0.2754 and closed at $0.2772 with a 24-hour high of $0.2806 and low of $0.2699.
• A key resistance appears at $0.2783–$0.2794, while support is seen near $0.2732–$0.2748.
• Volume and turnover spiked during a morning rebound but have since moderated, suggesting consolidation.
• A bearish divergence in RSI suggests momentum may be weakening after a short-term rally.
• Bollinger Bands show price is near the lower band in the early morning, indicating oversold conditions.

Maple Finance/Tether (SYRUPUSDT) opened at $0.2754 on Dec 9 and closed at $0.2772 at 12:00 ET on Dec 10, with a high of $0.2806 and low of $0.2699. Total volume for the 24-hour period was ~2.16 million, with a notional turnover of ~$580,000.

Structure and Key Levels

Price tested resistance between $0.2783 and $0.2794 multiple times, especially in the early morning, but failed to break through. A bullish engulfing pattern emerged after the session low near $0.27, followed by a 2-hour consolidation into the morning. Strong support was seen in the $0.2732–$0.2748 range, where price found multiple bounces.

Technical Indicators

The 20-period and 50-period moving averages on the 5-minute chart converged between $0.273–$0.275 during the consolidation phase. RSI entered oversold territory below 30 twice, triggering short-term buying interest. MACD showed a narrowing histogram during the afternoon and evening, suggesting waning momentum.

Volatility and Bollinger Bands

Bollinger Bands widened during the afternoon rebound, with price reaching the upper band at $0.2789–$0.2801 before retreating. Volatility began to contract in the evening, with price hovering near the middle band, signaling possible range-bound trading.

Volume and Turnover Analysis

The most notable spike in volume occurred between 07:00–07:30 ET, where price climbed from $0.2768 to $0.2783 on strong buying pressure. However, price failed to follow through in the next 2–3 hours, indicating a lack of conviction. Turnover and volume showed a slight divergence in the final 3 hours, as turnover declined while price drifted sideways.

Fibonacci Retracements

Fibonacci levels for the morning move from $0.273 to $0.2794 highlighted 38.2% at $0.2755 and 61.8% at $0.2783. Price stalled near the 61.8% level twice, indicating resistance may be holding. On the daily chart, 61.8% of the 3-day swing is at $0.2765, which may serve as a dynamic support in the near term.

Price appears to be consolidating ahead of a potential breakout. A sustained move above $0.2794 could signal renewed bullish momentum, but bearish pressure remains evident near key resistance levels. Investors should monitor volume and RSI for early signs of a reversal, with a caveat of potential volatility if news or macro events influence sentiment in the next 24 hours.