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Summary
• Price of Audius/Tether traded in a narrow range between 0.0287 and 0.0295, with a 0.17% range.
• A bullish breakout attempt emerged near 0.0294 but failed to confirm with volume.
• RSI and MACD showed moderate momentum, with no clear overbought or oversold signals.
• Volume spiked late in the session, aligning with price consolidation near key support levels.
Price Summary and Turnover
At 12:00 ET on 2025-12-22, Audius/Tether (AUDIOUSDT) opened at 0.029, reached a high of 0.0295, and closed at 0.0294 after a low of 0.0287. The 24-hour volume totaled 3,487,442.9, with a notional turnover of $101,140.16.
Structure & Formations
Price action over the 24-hour period was characterized by a narrow consolidation range between 0.0287 and 0.0295. A small bullish breakout attempted around 0.0294 was met with moderate resistance but did not result in a decisive reversal. A few bullish engulfing patterns emerged in the 5-minute chart between 04:15 ET and 05:00 ET, while a doji formed near the session high at 13:15 ET, signaling potential indecision. Key support levels were seen at 0.0289 and 0.0287, with the former showing resilience during intraday dips.
MACD & RSI
The MACD remained in neutral territory, with the line hovering just above zero and no clear divergence with price. RSI values stayed between 48 and 58, suggesting balanced buying and selling pressure. While the indicators did not point to overbought or oversold conditions, the RSI’s gradual upward movement in the last hour of the session hinted at renewed bullish bias.
Bollinger Bands
Volatility remained relatively stable throughout the session, with Bollinger Bands expanding slightly during the late hours. Price spent most of its time in the central 30% of the bands, indicating low volatility and consolidation. A minor breach of the upper band at 0.0295 occurred but failed to hold, suggesting that the market remained range-bound.
Volume and Turnover
Volume saw a significant increase in the final 2 hours, peaking at 402,577.3 units at 16:45 ET, coinciding with the price test of 0.0295. However, the volume failed to confirm the breakout, suggesting lack of conviction. Turnover increased proportionally, with no major divergences between price and turnover, indicating alignment in market action.
Conclusion and Outlook
The next 24 hours may see renewed tests of the 0.0294–0.0295 level, with a potential break likely to trigger a short-term rally. However, traders should remain cautious if volume fails to confirm an upward move, as it may signal a false breakout. A breakdown below 0.0289 could reintroduce bearish bias, especially if RSI drops below 40.
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