Market Overview for Alien Worlds/Tether (TLMUSDT)

Summary
• Price declined from 0.002088 to 0.002053 with bearish momentum.
• Volume surged during the 10:00–12:00 ET window, confirming the downward move.
• RSI signaled oversold conditions near 30 as of 12:00 ET.
• Bollinger Bands show moderate volatility, with price near the lower band.
• Key support appeared at 0.002050–0.002055, tested twice in the session.

Alien Worlds/Tether (TLMUSDT) opened at 0.002088, reached a high of 0.002122, and closed at 0.002053 by 12:00 ET on 2025-12-29, after hitting a low of 0.002039. Total 24-hour volume was 140,712,547.0, with a notional turnover of 287,928.75 Tether.

Structure & Formations

Price formed a bearish continuation pattern, with key support levels confirmed at 0.002050–0.002055 and 0.002060–0.002065. A long lower shadow at 0.002042–0.002062 suggested a rejection of lower prices, while the bearish engulfing pattern near 0.002065–0.002075 reinforced the downtrend.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages both trended downward, with the 50SMA crossing below the 20SMA to reinforce bearish sentiment. Daily data showed a similar divergence between 50SMA and 200SMA, indicating the downtrend remains intact.

Momentum and Overbought/Oversold Conditions

The 14-period RSI dropped to 30 by the close, signaling oversold conditions. However, it remained below 40 for much of the session, suggesting lingering bearish momentum. MACD crossed into negative territory and held below the signal line, confirming a bearish crossover.

Volatility and Bollinger Bands

Bollinger Bands displayed moderate expansion during the early hours but narrowed during the afternoon, signaling a potential consolidation phase. Price closed near the lower band at 0.002053, hinting at potential support.

Volume and Turnover

Volume peaked around 10:00–12:00 ET, aligning with the sharp decline to 0.002053. Notional turnover increased in tandem, reinforcing the downward move. A divergence between volume and price near 0.002075–0.002070 suggested weakening bearish pressure.

Fibonacci Retracements

A 38.2% retracement level at ~0.002075 acted as a resistance, while the 61.8% retracement at ~0.002055 served as a support. Price found a temporary floor at 0.002050–0.002055, aligning with both 61.8% and psychological support.

Looking ahead, a break below 0.002050 may trigger a test of the next support at 0.002045. Conversely, a rebound above 0.002065 could signal a short-term recovery. Investors should monitor volume behavior and RSI for signs of oversold exhaustion or renewed bearish momentum.