Market Overview for Bella Protocol/Tether (BELUSDT)

Summary
• BELUSDT traded in a 0.1237–0.1298 range with a key support at 0.127 and resistance at 0.1288.
• A bullish engulfing pattern formed around 0.1271–0.1276 as price recovered late in the 24-hour window.
• Volatility expanded after 23:00 ET, with volume surging to 330,040.1 and turnover peaking at $41,529.
• RSI bottomed near 30 before closing above 50, suggesting short-term oversold recovery.
• Price tested the 23.6% Fibonacci level at 0.1273, with 38.2% at 0.1276 acting as immediate resistance.

Bella Protocol/Tether (BELUSDT) opened at 0.1261 on 2025-12-15 12:00 ET, reaching a high of 0.1298 and a low of 0.1237, closing at 0.1287 as of 12:00 ET on 2025-12-16. Total volume hit 2,196,334.3 with turnover at $278,927.

Price Structure and Key Levels

Price action showed a strong bearish breakdown from 0.1264–0.1245 early on, followed by a reversal toward 0.1276–0.1288 in the evening. A bullish engulfing pattern at 0.1271–0.1276 suggested short-term buying pressure. The 0.127 level held as a key support, with 0.1288 and 0.1292 acting as resistance.

Trend and Momentum

The 20-period and 50-period moving averages on the 5-minute chart crossed in favor of the bulls around 20:00–22:00 ET, supporting the late-day rally. RSI bottomed near 30 at 0.1252, then climbed above 50 by the close, signaling a potential shift in momentum. MACD showed a positive divergence in the final hours, indicating accumulation.

Volatility and Volume

Volatility spiked after 23:00 ET, with price moving outside the upper Bollinger Band at 0.1292. A massive 330,040.1-volume candle closed at 0.1267, contrasting with the higher close later, suggesting possible distribution or washout. Turnover surged to over $41,500 during the 134500–140000 ET session but faded as price settled into a consolidation phase.

Fibonacci and Retracement Levels

The 23.6% Fibonacci retracement level at 0.1273 provided support mid-day, while the 38.2% level at 0.1276 held as a key pivot. On the daily chart, the 50-period moving average at 0.1277 and 100-period at 0.1268 suggest a potential convergence zone for the next session.

Looking ahead, the 0.1288–0.1292 range could test buying stamina. A break below 0.1273 may trigger a retest of 0.1268–0.1263. Investors should remain cautious about divergence between price and volume, as it may hint at short-term uncertainty.