Market Overview for Terra/Tether (LUNAUSDT)

Summary
• Price declined from 0.1267 to 0.1145 with key support at 0.114.
• Volume surged during the 04:30–06:00 ET window, reflecting heightened activity.
• MACD turned bearish while RSI hovered near oversold, suggesting possible near-term reversal.

Terra/Tether (LUNAUSDT) opened at 0.1267 and traded between 0.1279 and 0.1140 before closing at 0.1145 by 12:00 ET on 2025-12-18. Total volume reached 61.5 million, with a 24-hour turnover of approximately 6.8 million USD.

Structure and Price Action

The 5-minute OHLCV data reveals a bearish trend with a descending channel forming from 0.1279 to 0.1140. Key support levels include 0.1140 (retested twice) and 0.1125, while resistance remains near 0.1200–0.1210. A potential bullish reversal pattern appears at 0.1140 with a doji and narrow range candle at 05:45 ET, suggesting short-term indecision.

Indicators and Momentum

MACD turned negative around 04:30 ET, confirming the bearish move. RSI approached oversold territory at 0.1140 but did not break below 30, which may indicate a pause in the downward trend. Bollinger Bands expanded during the 04:30–06:00 ET window, reflecting heightened volatility amid the sharp decline.

Volume and Turnover

Volume spiked significantly between 04:30 and 06:00 ET as price fell from 0.1174 to 0.1140, confirming the bearish momentum. Turnover increased in line with volume, suggesting active selling pressure rather than a divergence.

Fibonacci Retracements

The 61.8% Fibonacci retracement level from 0.1267 to 0.1145 is at 0.1180, where price paused on several occasions. A retest of this level in the coming 24 hours could determine whether a reversal or continuation is likely.

Over the next 24 hours, a break above 0.1180 may indicate a temporary reversal, while a retest below 0.1125 could trigger further declines. Investors should monitor volume behavior near key levels for confirmation of trend strength or reversal.