Summary
• Price consolidates between 0.0331–0.0338 as 0.0333–0.0336 forms a tight trading range.
• Volume spikes at 20:15 ET (3.8M USDT), followed by a failed rally and retest of support.
• RSI shows bearish divergence near 61.8% Fib level, suggesting potential short-term reversal.
Price and Volume Summary
Audius/Tether (AUDIOUSDT) opened at 0.0334 on 2025-12-06 at 12:00 ET, reaching a high of 0.0347 before closing at 0.0331 as of 12:00 ET on 2025-12-07. The pair traded with a 24-hour volume of 9.18 million USDT and a notional turnover of approximately 309,000 USDT.
Structure & Formations
The past 24 hours show a series of tight consolidations within a key range of 0.0331–0.0338. A large bullish engulfing pattern formed around 18:30 ET as price pushed to 0.0337, but failed to hold above the level. A bearish dark cloud cover occurred around 20:45 ET as price opened near 0.0336 and closed at 0.0339, followed by a sharp correction to 0.033. Key resistance appears at 0.0337, while support is forming at 0.0332–0.0333.
Moving Averages and Momentum
Short-term momentum appears to be shifting, with the 5-minute 20-period moving average moving slightly below the 50-period line after a brief crossover. The daily 50-period MA remains above the 100-period line, indicating a broader neutral to bearish bias. RSI reached a peak of ~65 early in the session before declining to ~40, signaling a potential overbought correction. A bearish divergence between price and RSI suggests caution ahead.
Volatility and Bollinger Bands
Bollinger Bands expanded during the peak volume spike at 20:15 ET when price touched 0.0336–0.0347.
Price then retracted sharply into the lower band by the end of the session, finishing close to the 0.0331 level. The contraction seen after that high indicates a potential pause in volatility, though the retest of key support suggests price could remain range-bound unless a breakout attempt materializes.
Volume and Turnover
The largest volume spike occurred at 20:15 ET, with 3.8 million USDT traded as price surged to 0.0336–0.0347. However, this failed to hold, and volume declined afterward. A weaker but notable volume bar was recorded at 04:45 ET as price attempted a brief rebound. Notional turnover aligns with volume trends, with the largest notional turnover also recorded during the 20:15 ET bar.
Fibonacci Retracements
Applying Fibonacci to the 0.0330–0.0347 swing, price retested the 61.8% level at ~0.0335 without confirmation. The 38.2% level at ~0.0337 appears to act as a minor resistance. Daily retracements suggest 0.0332 as a key psychological level that may determine whether a longer-term bearish or bullish bias emerges.
The market may consolidate within the 0.0331–0.0337 range in the near term, with potential for a breakout attempt if volume increases again. Traders should be cautious of overbought divergences and bearish retracements, particularly if 0.0332 support fails to hold.
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