Market Overview: BENQI/Tether (QIUSDT) on 2025-12-29

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Dec 29, 2025 1:51 am ET1min read
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Aime RobotAime Summary

- QIUSDT broke above 0.00315 with strong volume and closed higher, confirming bullish momentum.

- RSI near overbought 75 and price near upper Bollinger Band suggest potential short-term pullback.

- A 5-minute bullish engulfing pattern and 20/50 EMA crossover reinforced aggressive buying pressure.

- Notional turnover exceeded 3,000 BTC during peak hours, validating the breakout's strength.

Summary
•

QIUSDT
formed a bullish breakout above 0.00315 with sustained volume and higher close.
• RSI reached overbought territory, suggesting potential near-term consolidation or pullback.
• Bollinger Bands showed moderate expansion, with price near the upper band late into the session.
• Notional turnover surged past 1,000 BTC equivalent, confirming strength in recent gains.
• A 5-minute bullish engulfing pattern formed after 04:30 ET, signaling buying pressure.

BENQI/Tether (QIUSDT) opened at 0.00311 on 2025-12-28 12:00 ET, reached a high of 0.00318, a low of 0.00311, and closed at 0.00318 by 2025-12-29 12:00 ET. Total 24-hour volume was ~10.9 million QI, with notional turnover of approximately 33,437 BTC equivalent.

Structure & Formations


Price broke out of a consolidation range above 0.00315 around 02:15 ET and held above that level for most of the session. A bullish engulfing candle at 04:30 ET and a rising wedge on the 5-minute chart suggested aggressive buying. The upper Bollinger Band was touched near 0.00318, indicating stretched momentum.

Moving Averages


On the 5-minute chart, the 20-EMA and 50-EMA crossed positively in the early hours, reinforcing bullish momentum. Daily MA levels are not included due to insufficient daily data.

MACD & RSI


MACD showed a bullish crossover and positive histogram growth after 04:00 ET. RSI approached overbought territory near 75 and could signal short-term exhaustion unless a breakout occurs.

Bollinger Bands


Volatility increased steadily through the session, with bands widening from 0.00311–0.00313 to ~0.00315–0.00318. Price closed near the upper band, suggesting a possible retest of that level or a pullback into the mid-band.

Volume & Turnover


Volume and turnover surged after 04:00 ET, confirming the breakout above 0.00315. Notional turnover exceeded 3,000 BTC equivalent in the 04:45–05:15 ET window, highlighting strong conviction in the upward move.

Fibonacci Retracements


On the 5-minute swing from 0.00311 to 0.00318, the 61.8% retracement level is around 0.00314–0.00315. Price held above this level for most of the session, suggesting short-term bullish bias.

In the next 24 hours, QIUSDT may face resistance at the 0.00318–0.00319 level and could consolidate into the 0.00315–0.00317 range if buying momentum weakens. Investors should monitor for divergence between price and RSI as a cautionary sign of overbought conditions.