Summary
• Price formed a bullish engulfing pattern near 0.00230 on a key support level.
• RSI showed early signs of overbought conditions in the last 4 hours.
• Volatility expanded as the price broke above 0.00238 with strong volume confirmation.
• A bullish divergence in RSI vs. price occurred before the morning rally.
• 50-period moving average on 5-min chart acted as dynamic support throughout the session.
Alien Worlds/Tether (TLMUSDT) opened at 0.00230 on 2025-12-07 12:00 ET, reached a high of 0.00242, and closed at 0.00239 as of 2025-12-08 12:00 ET, with a low of 0.00225. Total volume was 205,800,890 and turnover amounted to $484,694 over the 24-hour period.
Structure and Candlestick Patterns
The 5-minute chart displayed a
bullish engulfing pattern near 0.00230 in the early hours,
signaling a potential reversal from bearish to bullish bias. A key
resistance cluster formed between 0.00238 and 0.00240, where price found repeated rejection before breaking out. A
doji appeared near 0.00237 during mid-day consolidation, suggesting indecision before a late-session rally.
Moving Averages and Momentum
On the 5-minute chart, the 20 and 50-period moving averages showed a
bullish crossover around 0.00235, supporting the upward move. RSI climbed above 65 in the last 4 hours, indicating
overbought conditions, while MACD showed a
positive crossover with rising histogram bars, reinforcing upward momentum.
Volatility and Bollinger Bands
Volatility
increased significantly during the late morning and afternoon, with price moving from the lower band (0.00229) to the upper band (0.00240). The
Bollinger Band squeeze occurred just before the breakout, a classic precursor to a directional move. Price currently sits near the upper band, suggesting continuation is possible unless a reversal pattern forms.
Volume and Turnover Divergence
Volume surged above 20 million during the 04:45–05:00 ET and 14:45–15:00 ET windows, coinciding with price advances. Notional turnover peaked near 0.00240 and 0.00236, confirming institutional interest. However,
price and volume diverged slightly near 0.00232–0.00233 during the early morning, indicating possible profit-taking.
Fibonacci Retracements
Recent 5-minute swings placed 0.00238 and 0.00240 at
38.2% and
61.8% retracement levels, respectively, both of which were tested and held. On the daily chart, a key
61.8% retracement level sits at 0.00239, currently acting as support and a potential pivot for a continuation pattern.
The price appears poised to test 0.00242–0.00245, with strong volume and momentum suggesting upward bias. However, a retest of 0.00235–0.00236 could trigger profit-taking. Investors should remain cautious of potential overbought exhaustion or bearish divergence in the next 24 hours.
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