Market Overview for Algorand/Tether (ALGOUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 11, 2025 11:17 am ET2min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
USDT
--
ALGO
--
Aime RobotAime Summary

- Algorand/Tether (ALGOUSDT) broke below $0.135 support with a bearish engulfing pattern after a 24-hour decline.

- RSI below 30 and MACD divergence confirmed weak momentum, while Bollinger Bands contraction signaled bearish consolidation.

- Volume surged during the breakdown but later declined, suggesting exhaustion, with Fibonacci levels targeting $0.1311 and $0.1284 as key retest zones.

- Market structure shows price below all major moving averages, reinforcing a likely continuation of the downtrend unless buyers re-enter near $0.1284.

Summary
• ALGOUSDT broke below key support at $0.135 with a bearish engulfing pattern after a volatile 24-hour decline.
• RSI and MACD signaled weak momentum with no overbought conditions, confirming bearish bias.
• Volatility expanded early, with Bollinger Bands widening before a consolidation at the lower band.
• Volume surged during the breakdown but declined afterward, indicating exhaustion.
• Fibonacci levels suggest potential retests of $0.1311 and $0.1284 in the near term.

Algorand/Tether (ALGOUSDT) opened at $0.1375 on 12:00 ET - 1, surged to $0.1421, then declined to $0.1277 before closing at $0.1293 on 12:00 ET. Total 24-hour volume was 25,591,874.7, and notional turnover was $3,339,917.30.

Structure & Formations


Price action revealed a strong bearish engulfing pattern near the intraday high of $0.1421 as the asset fell to $0.1293.
. This pattern confirmed a shift in momentum from bullish to bearish. Key support levels were tested at $0.135 and $0.1311, with the latter showing strong rejection. Resistance is currently redefined at $0.135, where buying pressure appears to have weakened.

Moving Averages



On the 5-minute chart, the price closed below the 20- and 50-period moving averages, indicating short-term bearish bias. On the daily chart, the 50-, 100-, and 200-period MAs show a bearish alignment, with the price trending below all three. This suggests a continuation of the broader downtrend is likely unless a strong reversal occurs.

MACD & RSI


The MACD showed bearish divergence with declining positive momentum through the morning, followed by a bearish cross in the afternoon. RSI dropped below 30, signaling oversold conditions, but without a strong rebound, this may only represent a temporary pause in the downtrend rather than a reversal.

Bollinger Bands


Volatility spiked in the early session as Bollinger Bands expanded, with price peaking near the upper band at $0.1421. As the session progressed, volatility contracted, and price closed near the lower band at $0.1293. The retest of the lower band suggests a continuation of the bearish move is likely unless buyers re-enter near that level.

Volume & Turnover


Volume spiked during the breakdown below $0.135, confirming the move, but declined sharply afterward. This volume exhaustion may indicate that the current leg lower could pause or consolidate. However, with turnover remaining elevated throughout the session, bearish pressure remains intact.

Fibonacci Retracements


Fibonacci levels from the key swing high of $0.1421 and swing low of $0.1277 indicate possible areas of interest. A retest of the 38.2% level at $0.135 and the 61.8% level at $0.1311 appears likely in the near term. A break below the 78.6% level at $0.1284 could signal a continuation of the bearish move.

In the next 24 hours, a test of the $0.1311 support level could trigger a short-term bounce or further weakness depending on buying interest. Traders should remain cautious with a risk of further downside if volume continues to support the bearish bias.