Market Overview for Artificial Superintelligence Alliance/Tether (FETUSDT): 2025-12-18

Summary
• Price formed a bearish engulfing pattern near $0.2113 before consolidating below key support at $0.2074.
• Momentum diverged from price in late hours, with RSI signaling oversold conditions but limited follow-through.
• Volatility expanded during the overnight decline, pushing price near 20-period Bollinger Band lower boundary.

24-Hour Price Action

At 12:00 ET – 1, FETUSDT opened at $0.2078, reached a high of $0.2115, and hit a low of $0.2030 before closing at $0.2071 at 12:00 ET. Total 24-hour volume amounted to 29,279,485.1 and notional turnover was $5,969,139.16.

Structure and Formations

A bearish engulfing pattern formed near the $0.2113 resistance level, followed by a breakdown below the $0.2074 psychological level.

The price later consolidated between $0.2050 and $0.2074, suggesting a potential base ahead of the next directional move.

Moving Averages and Momentum

The 5-minute 20SMA and 50SMA crossed into bearish alignment in the early hours, confirming short-term weakness. The 50-day and 200-day SMAs remain bearish on the daily chart. RSI bottomed near oversold territory but has yet to generate a convincing rebound.

Volatility and Bollinger Bands

Volatility expanded during the overnight decline, with price reaching the 20-period Bollinger Band lower boundary. The narrowing band at the start of the session failed to hold, suggesting increasing uncertainty in near-term direction.

Fibonacci and Key Levels

Price tested the 61.8% Fibonacci retracement level at $0.2063 from the prior $0.2115 high but failed to reclaim key resistance above $0.2074. A retest of the $0.2050 level could signal a deeper pullback into the $0.2030–$0.2040 range.

Volume and Turnover Dynamics

Volume surged during the overnight sell-off, especially between 02:00 and 06:00 ET. However, a divergence emerged later in the session, as price recovered slightly while volume remained muted, suggesting limited conviction in the rebound.

The path of least resistance appears to be downward, with the next support at $0.2030 and resistance at $0.2074–$0.2078. A breakout above $0.2095 could re-ignite short-term bullish momentum. Traders should remain cautious of a potential retest of the $0.2030–$0.2040 range over the next 24 hours.