Summary
• Price action shows a bearish reversal pattern at 0.1126 with key support at 0.1070.
• Momentum dipped into oversold territory on RSI, suggesting a potential rebound.
• Volatility surged during the 9:00–10:00 ET window with a 4.4% intraday range.
At 12:00 ET–1 on 2025-12-19, Terra/Tether (LUNAUSDT) opened at 0.1149, reached a high of 0.1170, a low of 0.1056, and closed at 0.1097 by 12:00 ET. The 24-hour trading volume was approximately 43,850,699.87 with total turnover of around 4,785,049.56 USD.
Structure & Candlestick Formations
A bearish engulfing pattern formed at 0.1126 around 9:15 ET, indicating a shift in sentiment. A subsequent bullish reversal at 0.1070 suggests short-term support.
Moving Averages and Momentum
The 20 and 50-period moving averages on the 5-minute chart remained bearish, while the MACD crossed below zero, signaling weakening momentum. RSI hit oversold levels near 0.1070, hinting at a possible bounce.
Volatility and Bollinger Bands
Bollinger Band expansion occurred between 9:00–10:30 ET, reflecting increased volatility. Price closed near the middle band at 0.1097, suggesting a period of consolidation after the earlier range expansion.
Volume and Turnover
The largest volume spike occurred at 9:15 ET with a 4.9M turnover, coinciding with the high of 0.1170. Volume and price action aligned on the bearish reversal, but divergence in turnover appeared after 10:00 ET.
Key Levels and Fibonacci Retracements
Fibonacci retracements on the 0.1056–0.1170 swing highlight 0.1120 (61.8%) as a critical resistance level. Price appears to be testing the 0.1070–0.1097 consolidation range.
The path of least resistance appears to be sideways to slightly higher over the next 24 hours, with a potential test of 0.1120. Traders should monitor the 0.1070 support for signs of a deeper pullback.
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