Market Overview for Bella Protocol/Tether (BELUSDT)

Summary
• Price declined from 0.1377 to 0.1329 amid expanding volatility and heavy volume in the final 5-hour stretch.
• Oversold RSI levels and a bullish divergence hint at potential near-term rebound from 0.1325.
• A bearish breakdown below key support at 0.1342 suggests a possible test of 0.1320–0.1325 in the near term.
• Volume and turnover surged during the 09:30–10:30 ET window, aligning with the strongest intraday selloff.
• A 0.1342–0.1347 consolidation area may serve as pivotal near-term resistance.

Bella Protocol/Tether (BELUSDT) opened at 0.1377 on 2025-12-13 at 12:00 ET, reaching a high of 0.1378 and a low of 0.1323 before closing at 0.1329 at 12:00 ET on 2025-12-14. Total volume reached 618,552.1, while turnover amounted to 79.32.

Structure & Formations

Price formed multiple bearish patterns, including a long lower shadow near 0.1355 and a bearish engulfing candle at 0.1343–0.1332. Key supports were identified at 0.1342 and 0.1325–0.1320, with 0.1338–0.1342 acting as a contested pivot zone. Resistance levels remain at 0.1347 and 0.1355, where prior rejections occurred.

Moving Averages and Volatility

Short-term 20/50-period moving averages on the 5-minute chart dipped below price action, reinforcing bearish momentum. Bollinger Bands widened significantly after 09:30 ET, suggesting heightened volatility. Price closed near the 20-period MA but remained below the 50-period line.

Momentum and Indicators

RSI reached oversold territory around 0.1325, signaling potential for a bounce. MACD turned negative with a

bearish crossover, but a bullish divergence emerged between the RSI and price during the final 90 minutes, hinting at possible exhaustion in the downward move.

Volume and Turnover

Volume spiked between 09:30 and 10:30 ET, coinciding with a sharp decline to 0.1325. Turnover surged during this period, confirming bearish conviction. Later, volume waned as price found a floor near 0.1330–0.1335, suggesting reduced selling pressure.

Fibonacci Retracements

Fibonacci levels on the key 0.1378–0.1323 swing show 61.8% at 0.1338 and 38.2% at 0.1355. A bounce from the 0.1325–0.1330 zone could target the 38.2% retracement for a potential short-covering rally.

Looking ahead, price may find support around 0.1325–0.1330, with a test of 0.1342 expected if buyers step in. However, a retest of 0.1320–0.1325 remains a risk if short-term sentiment turns bearish again. Investors should monitor volume patterns and RSI behavior for early signals of trend reversal or continuation.