Market Overview for USDC/Zloty (USDCPLN)

Summary
• Price opened at 3.638, dropped to 3.612, and closed at 3.613 with bearish momentum.
• RSI below 30 indicates oversold conditions, while MACD lines show fading bullish divergence.
• Volatility peaked at 3.627, with volume surging to 94,148 during the 8:45 AM ET decline.
• Bollinger Bands widened after 1:00 AM ET, suggesting potential for a breakout or consolidation.
• A bearish engulfing pattern emerged at 10:15 AM ET, confirming short-term bearish bias.

The USDC/Zloty pair (USDCPLN) opened at 3.638 on 2025-12-10 at 12:00 ET and closed at 3.613 on 2025-12-11 at 12:00 ET. The 24-hour range was between 3.638 and 3.609. Total volume reached 94,148, with a turnover of approximately 350,000 (assuming a 1:1 price-to-volume ratio for simplicity).

Structure and Key Levels

The price action formed a bearish channel, with resistance around 3.628–3.631 and support near 3.612–3.615. A bearish engulfing candle at 10:15 AM ET confirmed a shift in sentiment. A doji at 3:00 AM ET signaled indecision, but the breakdown below 3.620 confirmed bearish momentum.

Moving Averages and Momentum

Short-term 5-minute moving averages (20/50) crossed bearish, with the price falling below both. The daily 50/100/200 SMAs remain neutral to bearish, with no immediate reversal signs.

. RSI dropped below 30, entering oversold territory, while MACD showed a bearish crossover.

Volatility and Bollinger Bands

Bollinger Bands widened significantly after 1:00 AM ET, with price closing near the lower band. This suggests heightened volatility and a potential continuation of the bearish trend. The upper band sits around 3.638–3.639, while the lower band is now around 3.610.

Volume and Turnover

Volume spiked to 94,148 during the early morning decline, confirming bearish conviction. Turnover aligned with price action, showing no divergence. The final 5-minute candles showed moderate volume and consolidation, suggesting traders may be waiting for a clearer direction.

Fibonacci Retracements

The 61.8% Fibonacci level from the 3.638 high to the 3.609 low is at 3.618. Price closed just below this level, suggesting a potential bounce or continuation.

The market appears to be in a consolidation phase after a sharp decline, with key support at 3.612. Traders may watch for a break below this level or a rally back to 3.620 for potential direction. Volatility and momentum indicators suggest a cautious short-term outlook, with risks skewed to the downside in the next 24 hours.