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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.
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.

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.
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