Market Overview: AIXBTUSDT (Aixbt/Tether) - 24-Hour Technical Summary

Summary
• Price dropped 3.4% over 24 hours with a bearish breakdown below 0.0365 support.
• Volume surged during the selloff, confirming bearish momentum.
• RSI entered oversold territory near 25, suggesting potential for a short-term rebound.
• A large bearish engulfing pattern formed early in the session.

The AIXBTUSDT pair opened at 0.0367 on 2025-12-13 12:00 ET, hit a high of 0.0368, a low of 0.0356, and closed at 0.0358 on 2025-12-14 12:00 ET. Total volume was 11.7 million, and turnover amounted to approximately $4.3 million over the 24-hour period.

Structure & Formations

The price broke below a key support level at 0.0365, confirmed by a large bearish engulfing pattern on the 5-minute chart around 21:30 ET and a breakdown candle at 04:45 ET.

A doji formed near 0.0360 at 05:45 ET, hinting at short-term indecision. The 0.0367–0.0368 area appears as initial resistance.

Moving Averages

On the 5-minute chart, the price closed below both the 20-period and 50-period moving averages, reinforcing the bearish bias. The daily chart shows the price remains below the 50-period and 200-period moving averages, indicating a continued downtrend.

MACD & RSI

The MACD remained negative throughout the session with bearish divergence, and the RSI fell into oversold territory near 25 by 06:00 ET, suggesting a possible bounce. However, confirmation is needed above 0.0366 to validate a short-term reversal.

Bollinger Bands

Volatility expanded during the breakdown below 0.0365, pushing price to the lower band. The narrowing of the bands in the early hours hinted at consolidation before the selloff. Price appears to be consolidating near the lower band once more, indicating a potential bounce or continuation.

Volume & Turnover

Volume surged to 772,113.7 at 08:30 ET during the selloff, aligning with the price move to 0.0356. Turnover spiked during that candle, confirming bearish momentum. No significant divergence was observed between price and turnover.

Fibonacci Retracements

On the 5-minute chart, the drop from 0.0368 to 0.0356 aligned with the 61.8% Fibonacci retracement level, indicating a strong bearish move. On the daily chart, price may find short-term support at the 38.2% retracement of the prior month’s rally around 0.0355–0.0356.

AIXBTUSDT may see a short-term bounce from oversold levels, but a retest of 0.0365 will be critical to determine the next move. Investors should watch for confirmation above this level or a breakdown below 0.0356 for extended bearish potential. Risk remains skewed to the downside in the next 24 hours.