Market Overview: Aavegotchi/Tether (GHSTUSDT) – Dec 29, 2025
Summary
• Price found resistance near 0.18, failing to sustain above it with a bearish engulfing pattern at 09:45 ET.
• RSI remained in overbought territory for several hours but failed to trigger a breakout above 0.181.
• Volume surged at 04:00 ET with a large bullish candle, but follow-through was weak post-break.
• Volatility expanded in the early hours, with Bollinger Bands widening, before contracting later.
• Fibonacci retracement levels at 0.178–0.180 acted as strong consolidation zones during key swings.
Aavegotchi/Tether (GHSTUSDT) opened at 0.176 on December 28, 2025, and reached a high of 0.183 before closing at 0.18 at 12:00 ET on Dec 29. The 24-hour volume totaled 306,280.3, with a notional turnover of $52,684.05.
Structure and Candlestick Formations
The pair tested the 0.18 level repeatedly, with a strong bearish engulfing pattern forming at 09:45 ET as price closed below the prior candle’s body. A doji formed at 04:15 ET, signaling indecision around 0.181. The 0.177–0.180 range acted as a key consolidation area, with prior highs failing to hold.
Indicators and Momentum
The RSI spent much of the session in overbought territory above 65 but failed to sustain above 70, suggesting weakening momentum. MACD showed a bullish crossover in early hours, aligning with the 04:00 ET rally, but momentum faded by late morning.

Volatility and Bollinger Bands
Bollinger Bands expanded significantly early in the session, reflecting the 0.183 high, and then compressed during the afternoon, indicating reduced volatility. Price has spent most of the day in the upper half of the bands, suggesting a potential near-term pullback could be on the cards.
Volume and Turnover Analysis
Volume spiked sharply at 04:00 ET with a large bullish candle, but turnover failed to confirm strong buying interest beyond that point. Volume declined steadily after 07:00 ET despite the price holding above 0.178, indicating weakening participation. A divergence between price and volume could signal a potential reversal.
Looking ahead, the 0.178 level appears to be a key support to watch, with a break below threatening to test 0.176. While a short-term bounce back into 0.180–0.181 is possible, the lack of follow-through suggests traders may remain cautious. Investors should keep an eye on volume patterns and whether the 0.178 level holds, as a breakdown could signal a deeper retracement.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet