Market Overview: Venus/Tether (XVSUSDT) on 2025-12-10

Summary
• Price action shows bearish bias with key support at $4.75 and resistance at $4.92.
• Momentum slows near $4.85–$4.87 as RSI shows signs of consolidation.
• Volume remains elevated between $4.83–$4.86, confirming a pullback.
• Volatility dips slightly, with price hovering near the lower Bollinger Band.
• Fibonacci retracement suggests 61.8% level at $4.83 could be a short-term floor.

Venus/Tether (XVSUSDT) opened at $4.90 on 2025-12-09 12:00 ET, reached a high of $4.96, and a low of $4.75 before closing at $4.81 on 2025-12-10 12:00 ET. Total volume over 24 hours was 31,894.91, with notional turnover of approximately $154,118.

Structure and Key Levels

Price action over the past 24 hours reveals a bearish trend with multiple pullbacks from the $4.92–$4.96 resistance cluster. A bearish engulfing pattern formed near $4.92, followed by a series of lower highs and weaker closes. The $4.75 level has served as a firm support, especially during the late hours of 2025-12-10, with a 61.8% Fibonacci retracement aligning closely with this level.

Momentum and Volatility

MACD showed a bearish crossover earlier in the session but has since flattened, indicating a slowdown in downward momentum. RSI has moved into neutral territory around 45–50, suggesting consolidation. Volatility dipped slightly, with price staying near the lower Bollinger Band, but no significant contraction was observed.

Volume and Turnover

Volume increased significantly as price moved through the $4.83–$4.86 range, confirming bearish sentiment. Notional turnover followed closely with volume, showing no divergence. A large volume candle at $4.85 during 2025-12-10 15:15 ET confirmed the retest of support, suggesting continued caution below $4.85.

Forward-Looking View

XVSUSDT may find support near $4.75 in the short term, with a potential test of the 38.2% Fibonacci level at $4.87 should buyers step in. However, with the 50-period moving average sloping downward and volume remaining firm on the bear side, there is a risk of a further pullback toward $4.73 if $4.75 breaks. Investors should watch for a reversal candle near $4.75 as a potential short-term bottoming signal.