Market Overview: Treehouse/Tether (TREEUSDT) on 2025-12-25

Summary
• Price declined from 0.1135 to 0.1121 amid rising volume, suggesting bearish momentum.
• A long upper shadow on the 6-hour candle hints at rejection near 0.115–0.116.
• MACD turned bearish, with RSI signaling oversold territory at 27, suggesting potential short-term bounce.
• Volatility expanded as Bollinger Bands widened, with price testing the lower band for much of the day.
• Fibonacci levels at 0.111 and 0.1097 appear to act as short-term support.

24-Hour Price Action

Treehouse/Tether (TREEUSDT) opened at 0.1135 at 12:00 ET–1 and traded as high as 0.1184 before closing at 0.1121 at 12:00 ET. Total 24-hour volume was 13,229,304.8, with notional turnover at $1,493,623.82.

Structure & Formations

The price formed a bearish engulfing pattern near 0.116–0.117, confirming a key breakdown from a morning rally. A potential support level emerged around 0.112, where price found a floor in the afternoon. A morning doji at 0.1123–0.1121 hinted at indecision ahead of a sharp sell-off.

Technical Indicators

The 20-period and 50-period moving averages on the 5-minute chart crossed bearishly, reinforcing short-term selling pressure. RSI dipped into oversold territory (27) in the final hours, which may indicate a potential rebound from current levels. MACD turned negative, with a bearish crossover confirming weakening momentum.

Bollinger Bands widened during the morning and afternoon, indicating increased volatility. Price spent much of the day near the lower band, signaling bearish control.

Volume & Turnover

Volume spiked sharply in the early morning (over 695,459.4 units) during the rally to 0.1184, but price failed to hold above 0.116. This divergence suggests weak conviction in the bullish move. A second large-volume spike occurred during the sell-off in the mid-morning, confirming bearish sentiment.

Fibonacci Retracements

On the 5-minute chart, price retested the 61.8% retracement level at 0.114 before falling toward the 38.2% level at 0.112. A potential bounce could target the 50% retracement at 0.113. On the daily chart, a longer-term support appears near 0.1097, which may hold if the current trend continues.

Conclusion & Outlook

Price appears to be consolidating near key support at 0.112, with RSI in oversold territory potentially signaling a short-term rebound. However, the MACD and bearish engulfing patterns suggest that any bounce could face resistance near 0.114. A close below 0.1106 may trigger deeper bearish momentum, so investors should watch for a break of this level.