Summary
• Price surged 13.6% intraday, peaking at 0.4105 before consolidating near 0.3609.
• High-volume breakout above 0.3605 confirmed bullish momentum in late-night trading.
• RSI and MACD indicate overbought conditions following rapid price ascent.
• Bollinger Band expansion highlights increased volatility since 0.358–0.362 key range.
• Downturn in turnover suggests profit-taking as buyers pause near 0.365 resistance.
Market Overview
At 12:00 ET on 2025-12-25, Avantis/Tether (AVNTUSDT) opened at 0.3511, reached a high of 0.4105, and closed at 0.3609 after trading as low as 0.3451. Total volume was 132,287,730.3, with a turnover of approximately $47.3 million over 24 hours.
Structure & Formations
A clear ascending triangle pattern formed between 0.355 and 0.362 levels during the 24-hour period, with price ultimately breaking above 0.3605 on high volume. A bullish engulfing pattern emerged at 0.3601–0.3645, suggesting short-term bullish bias. A doji formed near 0.3645, indicating potential indecision ahead of key resistance.
Moving Averages
On the 5-minute chart, the price closed above both the 20- and 50-period EMAs, which are aligned around 0.359–0.360. The 20-period EMA is rising steeply, indicating accelerating bullish momentum. On the daily chart, price is above the 50-period EMA but below the 200-period SMA, suggesting medium-term uncertainty.
Momentum & Volatility
MACD turned positive and crossed above the signal line at 0.3600, confirming bullish momentum. RSI climbed to 67 in early trading, nearing overbought territory. Bollinger Bands expanded significantly following the breakout above 0.3605, reflecting heightened volatility. Price remains within the upper half of the bands, signaling continued bullish energy.
Volume & Turnover
Volume surged above average levels during the 02:15–03:45 ET window, coinciding with the breakout above 0.3605. Turnover rose sharply with the price action, with no significant divergence observed. The final hour showed a slight drop in both volume and turnover, suggesting short-term profit-taking.
Fibonacci Retracements
On the 5-minute chart, key retracements of the 0.3451–0.4105 move include 38.2% at 0.3744 and 61.8% at 0.3565. Price is currently consolidating near the 38.2% retracement level. On the daily chart, Fibonacci levels from the 0.3477–0.3762 swing suggest resistance at 0.3610 and support at 0.3565.
Looking ahead, traders may watch for a potential pullback to 0.358–0.361, where support and key Fib levels align. A sustained break above 0.365 could extend gains, while a close below 0.358 would indicate short-term bearish pressure. Investors should remain cautious of potential profit-taking and consolidation near these levels over the next 24 hours.
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