Market Overview: Storj/Tether (STORJUSDT) – 24-Hour Analysis

Summary
• Price tested key support at 0.1145, rebounding with a bullish reversal pattern.
• RSI bottomed in oversold territory, suggesting potential short-term buying interest.
• Volatility contracted during overnight hours, ahead of a sharp morning rally.
• Volume surged in the final 3 hours, confirming the recent upward bias.
• Bollinger Bands expanded after a consolidation phase, indicating increased momentum.

Storj/Tether (STORJUSDT) opened at 0.1176 on 2025-12-17 12:00 ET, reaching a high of 0.1191 and a low of 0.1141, closing at 0.1145 on 2025-12-18 12:00 ET. Total volume was 976,430.0, with turnover at approximately 109,908.95 USD.

Structure & Candlestick Patterns

The pair formed a bullish reversal pattern at 0.1145–0.1148, following a consolidation phase between 0.1141 and 0.1156. Key support at 0.1145 held twice, while 0.1160 acted as a short-term resistance. A doji formed near 0.1149, signaling indecision, followed by a strong green candle at 0.1148–0.1145, suggesting potential exhaustion of selling pressure.

Moving Averages

On the 5-minute chart, the 20-period MA crossed above the 50-period MA in the final 4 hours, forming a potential bullish crossover. The 50-period MA (0.1147) and 100-period MA (0.1152) remain close, suggesting a sideways-to-bullish bias. The daily 200-period MA is currently at 0.1155, slightly above the recent low, indicating a possible short-term bounce.

Momentum and Volatility

RSI bottomed near 30 on 12-18 03:00–05:00 before rebounding to 45 by the close, suggesting improved momentum.

Bollinger Bands contracted between 12-18 00:00–04:00 and expanded after the 0.1148–0.1145 candle, indicating a breakout attempt. MACD crossed above zero during the final 3 hours, aligning with the price recovery.

Volume and Turnover Analysis

Volume spiked to 76,674.0 in the 13:15–13:30 ET hour, coinciding with a price rebound to 0.117. Turnover confirmed the strength of the rally, peaking at 109,908.95 USD in the final 3 hours. Divergence between volume and price was observed in the early morning session but resolved with a strong volume-driven close.

Fibonacci Retracements

The 61.8% retracement level of the 0.1191–0.1141 swing fell near 0.1160, where price stalled twice. A 38.2% retracement level was at 0.1173, aligning with the 14:00–14:15 ET high. The 50% level (0.1166) showed increased volume accumulation, suggesting near-term resistance.

The price appears to be consolidating above key support, with RSI and volume suggesting possible short-term momentum. However, a breakdown below 0.1141 could reignite downward pressure, while a sustained close above 0.1160 would strengthen the bullish case. Investors should monitor 0.1160 as the next near-term threshold.