Market Overview for StakeStone/Tether (STOUSDT)

Summary
• Price opened at $0.1184 and drifted lower to $0.117, forming bearish engulfing patterns.
• Volume spiked during the early morning decline, suggesting distribution pressure.
• RSI entered oversold territory near 30, hinting at potential short-term bounce.

StakeStone/Tether (STOUSDT) opened at $0.1184 on 2025-12-10 12:00 ET, reached a high of $0.1219, a low of $0.1163, and closed at $0.117 by 12:00 ET on 2025-12-11. The 24-hour volume was 1,691,840.9 with a notional turnover of $195,552.20.

Structure & Moving Averages

Price action showed a bearish reversal at the 0.1201 resistance level and tested support near 0.117–0.1175. A 50-period 5-min moving average crossed below the 20-period, reinforcing short-term bearish momentum. Daily moving averages remain neutral to slightly bullish.

Momentum Indicators

MACD turned negative with a bearish crossover below zero, while RSI dropped into oversold territory (~30) near the close, indicating a possible near-term bounce. However, bearish dominance continues.

Volatility and Bollinger Bands

Bollinger Bands widened during the morning sell-off, showing increased volatility. Price remained near the lower band during the last 6 hours, consistent with oversold behavior.

Volume and Turnover Analysis

Volume surged during the decline between 08:15–09:00 ET, confirming bearish sentiment. Turnover aligned with price action, showing no major divergence.

Fibonacci Retracements

Key Fibonacci levels between the 0.1219 high and 0.1163 low place 0.1186 (38.2%) as a potential support, and 0.1174 (61.8%) as a shallow resistance level ahead.

The next 24 hours may see a test of the 0.117–0.1175 support range. If buyers fail to push above 0.1186, further downside toward 0.1163 could follow. Investors should be cautious about thin support levels and watch for volume confirmation on any bounce.