Market Overview: 0x Protocol/Tether (ZRXUSDT)

Friday, Dec 19, 2025 1:44 pm ET1min read
Aime RobotAime Summary

- ZRX/USDT fell 0.1251 to 0.1187 (61.8% Fib retracement) before rebounding to 0.1204, forming bearish patterns.

- RSI dipped below 30 (oversold), Bollinger Bands widened during rebound, signaling heightened volatility and consolidation risks.

- Initial selloff saw 4.5-hour volume spike ($487k turnover), but recovery lacked conviction with moderate volume.

- 0.1205 level acts as key support/resistance; break above could confirm bullish reversal, while retest of 0.1187 low risks further declines.

Summary
• Price fell from 0.1252 to 0.1187 before rebounding to 0.1204, forming a possible 61.8% Fib retracement.
• Momentum dipped below neutral on RSI, suggesting oversold conditions, while volume spiked during the initial selloff.
• Bollinger Bands widened during the rebound, signaling rising volatility and potential for further consolidation.

0x Protocol/Tether (ZRXUSDT) opened at 0.1251 on 2025-12-18 at 12:00 ET, hit a high of 0.1252, and a low of 0.1187 before closing at 0.1204 on 2025-12-19 at 12:00 ET. Total volume was 4,068,480, with a notional turnover of approximately $487,219 (volume × average price).

Structure & Formations


The pair experienced a sharp decline from 0.1251 to 0.1187 over a 4.5-hour span, forming a bearish engulfing pattern and reaching a 61.8% Fibonacci retracement level from the initial high.
A modest recovery followed, with a bearish flag forming near 0.1205 as a potential short-term resistance level.

Moving Averages and Momentum


Short-term 5-minute moving averages (20/50) moved lower during the selloff but started to flatten during the rebound. The daily chart shows no clear direction yet. RSI dipped below 30 during the selloff, suggesting possible oversold conditions, while MACD turned negative but began to show a narrowing bearish divergence.

Volatility and Bollinger Bands


Bollinger Bands expanded during the rebound, with price currently testing the upper band at 0.1204. This suggests a period of heightened volatility and potential for consolidation or a breakout attempt in the near term.

Volume and Turnover


Volume spiked during the initial selloff, with a large 5-minute candle printing a 0.0062 drop (from 0.1251 to 0.1219). Turnover also increased during this phase, confirming the move. However, during the recovery, volume remained moderate, suggesting weaker conviction in the rally.

ZRX/USDT appears to be consolidating near 0.1205, which could serve as a support-turned-resistance level in the next 24 hours. Investors should watch for a break above this level as a potential bullish signal or a retest of the 0.1187 low as a bearish confirmation. Volatility remains elevated, and traders should consider tighter stop-loss orders due to the fragile balance in momentum.