Market Overview for Terra/Tether (LUNAUSDT) on 2025-12-31

Summary
• Price surged above key resistance, closing at 0.1069 with a strong bullish engulfing pattern.
• MACD crossed into positive territory, confirming rising momentum despite overbought RSI.
• Bollinger Bands expanded sharply, reflecting heightened volatility from a massive volume spike.
• Turnover surged 48x average, aligning with price action and suggesting strong conviction in the move.
• Fibonacci levels show 61.8% retracement near 0.1069, suggesting possible consolidation or continuation.

Terra/Tether (LUNAUSDT) opened at 0.0905 on 2025-12-30 12:00 ET, reached a high of 0.1094, a low of 0.0893, and closed at 0.1069 by 2025-12-31 12:00 ET. Total 24-hour volume was ~58,517,177.13 with a turnover of ~5,438,647.90 USD.

Structure and Key Levels

The 24-hour price action displayed a sharp bullish breakout from a descending range. Key resistance was overcome at 0.0918, with a strong bullish engulfing pattern at 0.1061–0.1069. A potential support level forms at the 50-period moving average (~0.0975), while 61.8% Fibonacci retracement aligns with the close price, indicating a possible pause or continuation.

Momentum and Volatility

MACD turned positive and crossed above the signal line, reinforcing the bullish bias. RSI reached overbought territory (~75), signaling caution for near-term pullbacks. Bollinger Bands saw significant expansion during the late-day surge, with price closing near the upper band, reflecting heightened volatility and buying pressure.

Volume and Turnover

Volume spiked dramatically in the final hours of the day, with the 14:00–16:15 ET window accounting for over 90% of the 24-hour notional turnover. The volume-to-price alignment suggests strong institutional or whale participation. A divergence in volume during the early morning consolidation may indicate fading interest ahead of the breakout.

Forward Outlook

The price may test the 0.1094 high or consolidate near the 61.8% Fibonacci level. However, overbought conditions and divergences in volume suggest caution. Investors should watch for a potential pullback toward 0.0975–0.095 support or a continuation of bullish momentum if the upper Bollinger Band is retested. Risk of reversal remains moderate, especially if volume fails to confirm further upside.