Market Overview for API3/Tether (API3USDT) on 2025-12-10

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 5:44 pm ET1min read
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- API3USDT broke below key support at 0.5163 with a 1.8% decline to 0.5087 amid surging 5-minute volume at 02:30 ET.

- RSI entered oversold territory near 30, suggesting short-term rebound potential despite bearish MACD and declining histogram.

- Bollinger Bands narrowed before expanding during the sell-off, with 20-period MA (0.5123) now acting as dynamic resistance.

- Strong bearish volume confirmed the breakdown, with 0.5080-0.5065 support zone likely next target if current downward momentum persists.

Summary
• API3USDT formed a bearish breakdown below key support at 0.5163.
• Volume spiked during the 5-minute session ending at 02:30 ET, confirming downward momentum.
• RSI reached oversold territory near 30, suggesting potential for a near-term bounce.
• Price closed 1.8% lower at 0.5087, with a 20-period MA now acting as dynamic resistance.
• Bollinger Bands narrowed earlier in the session before expanding during the sell-off.

Price Action and Volatility

API3/Tether (API3USDT) opened at 0.5231 on 2025-12-10 (12:00 ET -1), peaked at 0.5267, and closed at 0.5087 after hitting a 24-hour low of 0.5060. Total volume amounted to 544,435.21, with turnover reaching $273,310. The breakdown below 0.5163 appears to have triggered liquidation pressure, especially during the early hours of the session.

Momentum and Overbought/Oversold Conditions

Momentum indicators showed deteriorating bullish sentiment, with RSI dipping into

oversold territory during the final hour. The MACD remained bearish with a declining histogram, reinforcing the likelihood of continued downward pressure in the near term.

Structure and Support/Resistance Levels

Key resistance levels currently include the 20-period MA at 0.5123 and a prior swing high at 0.5143. On the support side, the 0.5105 level has held firm multiple times, suggesting it could serve as a temporary floor in the event of a rebound. A notable bearish engulfing pattern formed around 02:30 ET, which coincided with increased volume and a sharp price drop.

Volatility and Bollinger Band Activity

Volatility expanded significantly after a period of consolidation, particularly after 20:00 ET on the prior day. API3USDT traded within a narrowing Bollinger Band range before breaking below the lower band at 0.5087, indicating heightened bearish conviction.

Volume and Turnover Dynamics

Volume surged during the breakdown at 02:30 ET, coinciding with the bearish engulfing pattern and a sharp decline. Turnover and price aligned during this period, confirming the move rather than indicating a divergence. The overall volume profile suggests strong bear participation without significant buying interest for recovery.

Looking ahead, API3USDT may test the 0.5080–0.5065 support zone, with a potential rebound into the 0.5105–0.5123 range if buyers emerge. Traders should remain cautious of further downside in the event of a break below 0.5065.