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Summary
• Ankr/Tether (ANKRUSDT) formed a bullish reversal pattern near $0.00635, followed by a strong rebound.
• Price surged past 61.8% Fibonacci resistance, reaching $0.00666, with volume confirming strength.
• RSI entered overbought territory, suggesting potential short-term pullback after sharp gains.
• Volatility expanded as Bollinger Bands widened during the rally phase.
• Notional turnover increased significantly, confirming price momentum into the close.
Ankr/Tether (ANKRUSDT) opened at $0.00644 on 2025-12-19 at 12:00 ET, surged to a high of $0.00666, and closed at $0.00664 as of 12:00 ET on 2025-12-20. Total volume was 27.3 million
, and turnover reached $1.81 million.Structure and Price Action
A bearish breakdown attempt at $0.00635 was met with a bullish reversal, marked by a large bullish candle. Price then advanced in a series of higher highs and higher lows, forming a clear uptrend. A 5-minute bullish engulfing pattern at $0.00637 confirmed buying interest.

Momentum and Indicators
The RSI accelerated into overbought territory above 70, signaling a possible short-term correction. MACD showed a bullish crossover earlier in the session, and the histogram remained positive through the close. While the momentum appears strong, divergence between price and RSI could hint at near-term profit-taking.
Volatility and Bollinger Bands
Volatility increased as Bollinger Bands widened in the early hours of the session. Price traded near the upper band for much of the day, particularly between 19:30 and 08:30 ET, indicating a high-risk environment for overbought extensions. A contraction in the bands occurred in the final hour, suggesting a potential pause.
Volume and Turnover Analysis
Volume surged during key price moves, especially between 19:30 and 08:30 ET, confirming the strength of the upward trend. Turnover increased in tandem with price, with no major divergence observed. A large-volume candle at $0.00657 marked a critical point of buying pressure.
Looking ahead,
may consolidate near the 61.8% Fibonacci level at $0.00664, before either breaking out to new highs or correcting to test support. Investors should remain cautious of overbought conditions and consider volatility expansion as a potential early warning of a reversal.Decoding market patterns and unlocking profitable trading strategies in the crypto space

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