Market Overview for Reserve Rights/Tether (RSRUSDT)

Summary
• Price fell from 0.002587 to 0.002459, ending near a key support level.
• Volatility expanded during midday, with volume spiking after 20:00 ET.
• RSI and MACD signaled bearish momentum with no signs of reversal.

Reserve Rights/Tether (RSRUSDT) opened at 0.002556 on 2025-12-22 at 12:00 ET, peaked at 0.002587, and closed at 0.002459 on 2025-12-23 at 12:00 ET. Total 24-hour volume was approximately 116.4 million, with turnover reaching ~$291,500.

Structure and Patterns

Price action showed a bearish breakdown from a key resistance level at 0.002587, forming a large bearish engulfing pattern and a potential bear flag near 0.00253. Support at 0.002500 and 0.002450 levels was tested, with price closing near 0.002459, suggesting short-term bearish bias.

Volatility and Momentum

Bollinger Bands expanded during the early afternoon, indicating heightened volatility. RSI fell below 30, signaling oversold conditions, while MACD remained in negative territory, confirming bearish momentum. No strong reversal signals appeared during the session.

Volume and Turnover

Volume surged after 20:00 ET with a large bar at 2025-12-22 22:00, where price fell from 0.002521 to 0.002504. Notional turnover aligned with volume spikes, suggesting liquidation rather than divergence.

Fibonacci and Key Levels

The 61.8% Fibonacci retracement level from the high at 0.002587 to the low at 0.002459 is near 0.002502, a level that could become a pivot point. Further breakdown below 0.002450 may target 0.002425–0.002400.

Looking ahead, price may test the 0.002450 level, with a potential pullback if the 0.002452–0.002460 range holds. Traders should remain cautious, as breakdowns may lead to increased downside risk in the next 24 hours.