Market Overview for Bancor/Tether (BNTUSDT)

Wednesday, Dec 17, 2025 5:22 pm ET1min read
Aime RobotAime Summary

- BNTUSDT tested 0.4106 resistance before forming a descending triangle, closing at 0.3962 with bearish momentum.

- RSI showed overbought conditions during the 01:30–02:45 ET surge, followed by a sharp pullback confirmed by Bollinger Band expansion.

- Volume spiked during the 15:00–16:45 ET sell-off below 0.401, reinforcing bearish conviction at key Fibonacci levels (0.3966/0.3922).

- Short-term outlook remains bearish with potential continuation below 0.3922, though rebounds toward 0.3966–0.398 could occur if buyers emerge.

Summary
• Price tested key resistance at 0.4106 before consolidating into a descending triangle formation.
• RSI indicated overbought conditions during the 01:30–02:45 ET surge, followed by a sharp pullback.
• Volume surged during the 15:00–16:45 ET dump, confirming bearish momentum below key support levels.
• Bollinger Bands expanded during the late-ET sell-off, signaling increased volatility and potential continuation.
• Fibonacci retracement levels at 0.3966 and 0.3922 acted as critical short-term support zones.

Market Overview

Bancor/Tether (BNTUSDT) opened at 0.4036 (12:00 ET – 1), reached a high of 0.4106, and closed at 0.3962 (12:00 ET) with a low of 0.39. Total volume was 236,379.8, and turnover amounted to approximately $96,652.21.

Structure & Formations


Price formed a descending triangle on the 5-minute chart, with a high of 0.4106 acting as resistance and a low of 0.39 as support. A bearish breakout appears to have occurred around 16:45 ET, with confirmation from the close below 0.3966.

Moving Averages


Short-term moving averages (20/50) on the 5-minute chart crossed below key price levels during the early-ET decline, reinforcing bearish momentum. Daily 50/100/200 MA lines showed price below all, suggesting continued bearish pressure in the short term.

MACD & RSI


MACD lines showed bearish divergence after the 01:30 ET high, while RSI crossed
oversold levels around 16:15 ET. This indicated strong exhaustion in the sellers, though a rebound above 0.4015 could spark a short-term bounce.

Bollinger Bands


Bands widened significantly after 15:00 ET, with price breaking below the lower band at 0.3978. This expansion suggests high volatility and potential continuation of the bearish trend in the short term.

Volume & Turnover


Volume spiked during the 15:00–16:45 ET sell-off, confirming the bearish move below 0.401. Turnover diverged from price in the early-ET session, indicating potential indecision among traders. The subsequent volume surge below 0.3966 reinforced bearish conviction.

Fibonacci Retracements


Fib levels from the 0.4106 high to the 0.39 low showed 0.3966 as the 38.2% retracement level and 0.3922 as 61.8%. Price stalled at these levels, suggesting potential for a rebound or consolidation.

Looking ahead, BNTUSDT may test the 0.3922 support area, with a potential bounce toward 0.3966–0.398 if bulls show strength. However, traders should remain cautious of further bearish continuation, especially with volume and momentum signals aligned to the downside.