Market Overview: Tether/Zloty (USDTPLN) on 2025-12-26

Summary
• Price consolidated around 3.585–3.588, with key resistance at 3.588 and support near 3.581.
• Volume surged during a 3.586–3.574 selloff, confirming bearish momentum.
• RSI and MACD indicate moderate bearish bias with no overbought signal.
• Volatility expanded with a 3.586–3.574 range, suggesting a potential short-term reversal.

Tether/Zloty (USDTPLN) opened at 3.586 on 2025-12-25 at 12:00 ET, reached a high of 3.588, a low of 3.574, and closed at 3.579 as of 12:00 ET on 2025-12-26. Total 24-hour volume amounted to 82,457 PLN, with a notional turnover of approximately 289,762 PLN.

Structure and Key Levels

Price action revealed consolidation between 3.585 and 3.588 for much of the session, with a bearish breakdown occurring during the 22:30–00:00 ET period. A key bearish engulfing pattern formed as the price closed below 3.581 after a prior high at 3.586, suggesting a possible short-term reversal. 3.588 remains a critical resistance, while 3.581 now appears as a key support level.

Technical Indicators

The RSI hovered in neutral to bearish territory (40–55), with no signs of overbought conditions. MACD showed bearish momentum as the line crossed below the signal line, suggesting downward bias. Bollinger Bands expanded during the selloff, with the price closing near the lower band, indicating heightened volatility and potential mean reversion.

Volume and Turnover

Volume spiked during the 22:30–02:30 ET window, particularly around the 3.586–3.574 move, aligning with the bearish price action. Turnover also increased during this period, confirming the strength of the selloff. However, volume has since declined, suggesting that the bearish move may be running out of steam.

Fibonacci Retracements

On the 5-minute chart, the 3.586–3.574 swing aligns with a 38.2% retracement at 3.581, which coincided with the current close. On the daily chart, the 3.581 level could represent a 61.8% retracement of the prior range, indicating a potential area of interest for a short-term bounce or continuation.

The market appears to have exhausted its bearish momentum in the short term and may test the 3.581 level for a potential rebound or deeper pullback. Investors should watch for a break above 3.588 for bullish confirmation, but keep in mind that volatility remains high and sharp reversals are possible in the next 24 hours.